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MS HB234
Bill
Status
2/22/2023
Primary Sponsor
Sam Creekmore
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AI Summary
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Creates the "Municipalities and Counties Trails Fund" in the State Treasury to provide grants to municipalities and counties for establishing, developing, and promoting trails including bicycle, hiking, horse riding, nature, rail, walking, water, and ATV trails
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Mississippi Development Authority (MDA) will administer the grant program, with a maximum grant amount of $50,000 per municipality or county
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Authorizes issuance of up to $1,000,000 in state general obligation bonds to fund the program, with bonds maturing no later than 25 years from date of issue
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Bonds must be issued before July 1, 2027, and proceeds will be deposited into the Municipalities and Counties Trails Fund
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MDA must submit annual reports to the Governor and Legislature by December 1 each year describing all assistance provided under the program
Legislative Description
Municipalities and counties trails program; create and issue bonds to provide funds for.
Last Action
Died In Committee
2/22/2023