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MS HB1691
Bill
Status
2/22/2023
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Authorizes issuance of up to $2,500,000 in state general obligation bonds to fund construction of an emergency access road connecting Hawkins Field airport to City of Jackson Fire Station 20
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Creates the "2023 Jackson Municipal Airport Authority Emergency Access Road Fund" as a special fund within the State Treasury to hold bond proceeds
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Bonds may mature up to 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
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Bond proceeds and income are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2027
Legislative Description
Bonds; authorize issuance to assist Jackson Municipal Airport Authority with construction of an emergency access road at Hawkins Field.
Last Action
Died In Committee
2/22/2023