Loading chat...
MS HB446
Bill
Status
2/22/2023
Primary Sponsor
Edward Blackmon
Click for details
AI Summary
-
Authorizes issuance of up to $500,000 in state general obligation bonds to fund furnishing, equipping, repairing, and renovating the Freedom House in Canton, Mississippi
-
Creates the "2023 Freedom House Repair and Renovation Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
-
Bonds may have a maximum maturity of 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
-
Bonds and income from them are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
-
No bonds may be issued under this act after July 1, 2027, with an effective date of July 1, 2023
Legislative Description
Bonds; authorize issuance for improvements to the Freedom House in Canton.
Last Action
Died In Committee
2/22/2023