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MS SB2185

Bill

Official Source

Status

Failed

2/22/2023

Primary Sponsor

Kelvin Butler

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Authorizes issuance of up to $250,000 in state general obligation bonds to assist the South Pike School District with repair and renovation costs for various school buildings

  • Creates the "2023 South Pike School District Building Repair and Renovation Fund" as a special fund within the State Treasury to hold bond proceeds

  • 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

  • Bond income and the bonds themselves are exempt from all state taxation in Mississippi

  • No bonds may be issued under this act after July 1, 2027

Legislative Description

Bonds; authorize issuance to assist South Pike School District in paying costs of repair and renovation of buildings.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Finance1/11/2023

Full Bill Text

No bill text available