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MS HB446

Bill

Status

Failed

2/22/2023

Primary Sponsor

Edward Blackmon

Click for details

Origin

House of Representatives

2023 Regular Session

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

Committee Referrals

Ways and Means1/12/2023

Full Bill Text

No bill text available
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