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MS HB835
Bill
Status
2/26/2025
Primary Sponsor
Stephanie Foster
Click for details
AI Summary
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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
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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
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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
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Bond proceeds and income are exempt from all Mississippi state taxation and qualify as legal investments for fiduciaries, banks, and insurance companies
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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