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MS HB1833
Bill
Status
Failed
2/25/2026
Primary Sponsor
Timaka James-Jones
Click for details
AI Summary
- Authorizes issuance of up to $550,000 in state general obligation bonds to assist the City of Itta Bena, Mississippi, with repairs and renovations to municipal facilities
- Designated facilities include the library, police department, public works building, and L.T. Brazil Center
- Creates the "2026 City of Itta Bena Facilities Improvement Project Fund" within the State Treasury to receive and disburse bond proceeds
- Bonds may mature up to 25 years from date of issue and must be issued before July 1, 2030
- Bond income and proceeds are exempt from all Mississippi state taxation and qualify as legal investments for fiduciaries and public fund deposits
Legislative Description
Bonds; authorize issuance to assist the City of Itta Bena repair and renoavations of municipal facilities.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means2/3/2026
Full Bill Text
No bill text available