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MS HB1352
Bill
Status
2/25/2026
Primary Sponsor
Bill Kinkade
Click for details
AI Summary
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Authorizes up to $1,000,000 in state general obligation bonds to assist the Town of Byhalia, Mississippi, with repair, renovation, upgrades, and improvements to the Byhalia Old School Commons
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Creates the "2026 Town of Byhalia Old School Commons Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi
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Bonds and income from them are exempt from all Mississippi 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, 2030, with the act taking effect July 1, 2026
Legislative Description
Bonds; authorize issuance to assist Town of Byhalia with repair and renovation of the Byhalia Old School Commons.
Last Action
Died In Committee
2/25/2026