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MS HB1955

Bill

Status

Failed

2/25/2026

Primary Sponsor

Perry Bailey

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $18,500 in Mississippi general obligation bonds to assist the Town of Big Creek in purchasing fire turnout clothing and a defibrillator for the Big Creek Volunteer Fire Department

  • Creates the "2026 Big Creek Volunteer Fire Department 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

  • Bond proceeds and income from the bonds are exempt from all state taxation in Mississippi

  • 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 Town of Big Creek with purchasing turnout clothing and defibrillator for Big Creek VFD.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means2/17/2026

Full Bill Text

No bill text available