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MS SB2298

Bill

Status

Passed

5/8/2024

Primary Sponsor

Chris Johnson

Click for details

Origin

Senate

2024 Regular Session

AI Summary

  • Increases minimum bond attorney fee from $100 to $500 and maximum fee from $500 to $1,000 for validation and issuance of bonds by counties, municipalities, or other state subdivisions.

  • Requires State Bond Attorney to immediately notify the Governor, Lieutenant Governor, and Attorney General in writing when a conflict of interest arises that cannot be consented to under Mississippi Rules of Professional Conduct.

  • Authorizes Governor to appoint a State Bond Attorney Pro Tempore to handle bond validation matters when the State Bond Attorney has a non-consentable conflict of interest, with the Pro Tempore's appointment ending upon issuance of opinion and conclusion of any validation proceedings.

  • Effective July 1, 2024.

Legislative Description

State Bond Attorney; revise minimum and maximum fee paid to.

Last Action

Approved by Governor

5/8/2024

Committee Referrals

Ways and Means3/14/2024
Finance2/7/2024

Full Bill Text

No bill text available