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MS SB2013

Bill

Status

Failed

2/22/2023

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Authorizes issuance of up to $500,000 in state general obligation bonds to fund improvements to the Rolling Fork Civic and Event Center in Rolling Fork, Mississippi

  • Creates the "2023 Rolling Fork Civic and Event Center Improvements Fund" as a special fund within the State Treasury to hold bond proceeds, with unexpended amounts not lapsing to the General Fund

  • Bonds must be issued before July 1, 2027, and may mature up to 25 years from the date of issuance

  • Pledges the full faith and credit of the State of Mississippi for repayment of principal and interest on the bonds

  • Exempts the bonds and income from them from all state taxation and authorizes their use as legal investments for trustees, fiduciaries, and financial institutions

Legislative Description

Bonds; authorize issuance of general obligation bonds for improvements to Rolling Fork Civic and Event Center.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Finance1/9/2023

Full Bill Text

No bill text available