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MS HB835

Bill

Status

Failed

2/26/2025

Primary Sponsor

Stephanie Foster

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Authorizes issuance of up to $2,000,000 in state general obligation bonds to fund interior repair, renovation, upgrades, and improvements to the Hinds County Courthouse in Jackson, Mississippi

  • Creates the "2025 Hinds County Courthouse Fund" as a special fund within the State Treasury to receive and disburse bond proceeds for the courthouse project

  • 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 proceeds and income are exempt from all Mississippi state taxation and qualify as legal investments for fiduciaries, banks, and insurance companies

  • No bonds may be issued under this act after July 1, 2029, with the act taking effect July 1, 2025

Legislative Description

Bonds; authorize issuance to assist Hinds County with improvements to the Hinds County Courthouse.

Last Action

Died In Committee

2/26/2025

Committee Referrals

Ways and Means1/16/2025

Full Bill Text

No bill text available