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MS SB2964
Bill
Status
2/22/2023
Primary Sponsor
Angela Turner-Ford
Click for details
AI Summary
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Authorizes issuance of up to $4,000,000 in state general obligation bonds to help the City of Columbus, Mississippi complete the Senator Terry Brown Amphitheater
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Creates the "2023 Senator Terry Brown Amphitheater Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds may mature up to 25 years from date of issue, with interest rates subject to limits in existing state law, and are backed by the full faith and credit of Mississippi
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Bond proceeds and income from the bonds are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2027
Legislative Description
Bonds; authorize to assist City of Columbus in paying costs of completing Senator Terry Brown Amphitheater.
Last Action
Died In Committee
2/22/2023