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MS HB137
Bill
Status
2/25/2026
Primary Sponsor
John Hines
Click for details
AI Summary
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Authorizes issuance of up to $150,000 in state general obligation bonds to assist the Town of Metcalfe, Mississippi, with repair and renovation of the town park
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Creates the "2026 Town of Metcalfe Park Repair and Renovation 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 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 state taxation and qualify as legal investments for fiduciaries and public fund deposits
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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 Metcalfe with repair and renovation of town park.
Last Action
Died In Committee
2/25/2026