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MS HB1814
Bill
Status
Failed
2/25/2026
Primary Sponsor
Bill Kinkade
Click for details
AI Summary
- Authorizes Mississippi to issue up to $3,000,000 in state general obligation bonds to assist the City of Olive Branch with creating and developing the Lick Creek Conservatory and Recreational Area
- Creates the "2026 City of Olive Branch Lick Creek Conservatory Recreational Area Fund" as a special fund within the State Treasury to hold 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 them are exempt from all Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
- 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 Olive Branch with Lick Creek Conservatory and Recreational Area Project.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means2/2/2026
Full Bill Text
No bill text available