MS SB2029

Authorizes issuance of up to $300,000 in state general obligation bonds to fund repair and renovation of the Triangle Cultural Center in Yazoo City, Mississippi, including the Museum of the Yazoo Historical Society

Creates the "2023 Triangle Cultural Center Repair and Renovation Fund" as a special fund within the State Treasury, with unexpended amounts and interest earnings remaining in the fund rather than lapsing to the General Fund

Bonds may mature up to 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 Mississippi 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