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MS HB195
Bill
Status
2/22/2023
Primary Sponsor
John Hines
Click for details
AI Summary
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Authorizes issuance of up to $5,000,000 in state general obligation bonds to assist the City of Greenville, Mississippi, with improvements to its water and sewer systems
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Creates the "2023 City of Greenville Water and Sewer Systems Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds may have a maximum maturity of 25 years from date of issue, with interest payable semiannually or annually
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Bonds and income from them are exempt from all state taxation and constitute legal investments for trustees, fiduciaries, savings banks, trust companies, and insurance companies
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No bonds may be issued under this act after July 1, 2027
Legislative Description
Bonds; authorize issuance to assist City of Greenville in paying costs of improvements to its water and sewer systems.
Last Action
Died In Committee
2/22/2023