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MS HB1838
Bill
Status
2/25/2026
Primary Sponsor
Zakiya Summers
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AI Summary
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Authorizes up to $300,000 in state general obligation bonds to fund infrastructure improvements and upgrades at three Jackson, Mississippi parks: Jayne Avenue Park, Livingston Park, and VA Legion Sports Complex
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Creates the "2026 City of Jackson Parks Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
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Bonds may have a maximum maturity of 25 years 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 trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2030, with an effective date of July 1, 2026
Legislative Description
Bonds; authorize issuance to assist City of Jackson with park improvements.
Last Action
Died In Committee
2/25/2026