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MS HB706
Bill
Status
2/22/2023
Primary Sponsor
Tracey Rosebud
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AI Summary
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Creates a "Small Municipalities Security Cameras and Equipment Fund" administered by the Department of Public Safety to provide grants to municipalities with populations of 5,000 or less for acquiring and installing security cameras and surveillance equipment
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Limits individual grants to a maximum of 75% of project costs and $30,000 per municipality per calendar year
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Authorizes issuance of $5,000,000 in state general obligation bonds by the State Bond Commission to fund the grant program, with bonds maturing within 25 years and not to be issued after July 1, 2027
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Pledges full faith and credit of the State of Mississippi for bond repayment and exempts bonds and income from state taxation
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Takes effect July 1, 2023
Legislative Description
Bonds; create small municipalities security cameras and equipment grant program and authorize bonds to provide funds.
Last Action
Died In Committee
2/22/2023