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MS HB1882
Bill
Status
Failed
2/25/2026
Primary Sponsor
William Arnold
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AI Summary
- Authorizes issuance of up to $700,000 in state general obligation bonds to assist the City of Rienzi, Mississippi, with additions to its city hall
- Creates the "2026 City of Rienzi City Hall Fund" as a special fund within the State Treasury to hold bond proceeds
- Bonds may have a maximum maturity of 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
- 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 Rienzi with additions to city hall.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means2/12/2026
Full Bill Text
No bill text available