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MS HB1780

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 up to $2,100,000 in state general obligation bonds to help the City of Indianola, Mississippi purchase a fire truck for its fire department
  • Creates the "2026 City of Indianola Fire Truck Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
  • Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi
  • Bonds and income from them are exempt from all Mississippi state taxation
  • 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 City of Indianola with purchasing a fire truck for its fire department.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/19/2026

Full Bill Text

No bill text available