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MS HB1657

Bill

Status

Failed

2/22/2023

Primary Sponsor

Greg Haney

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Authorizes issuance of up to $1,105,000,000 in state general obligation bonds to fund improvements at the Lynn Meadows Discovery Center in Gulfport, Mississippi

  • Creates the "2023 Lynn Meadows Discovery Center Improvements Fund" as a special fund within the State Treasury to receive and disburse bond proceeds

  • Funds may be used for construction, renovation, repair, expansion, equipment, exhibits, and infrastructure improvements at the center, as well as real estate purchases

  • Bonds must be issued before July 1, 2027, with a maximum maturity of 25 years from date of issue

  • Bonds are tax-exempt general obligations backed by the full faith and credit of the State of Mississippi

Legislative Description

Bonds; authorize issuance for improvements to Lynn Meadows Discovery Center in Gulfport.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Ways and Means2/15/2023

Full Bill Text

No bill text available