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MS HB1776

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Otis Anthony

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $300,000 in state general obligation bonds to assist Delta Advantage Center with purchasing a C-Model Truck mobile market, related equipment, and food staging/preparatory purposes
  • Creates the "2026 Delta Advantage Center Equipment Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
  • 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
  • Bonds and income from bonds are exempt from all state taxation in Mississippi
  • 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 Delta Advantage Center with purchasing a C-Model Truck Mobile Market and related equipment.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/19/2026

Full Bill Text

No bill text available