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MS HB1955
Bill
Status
2/25/2026
Primary Sponsor
Perry Bailey
Click for details
AI Summary
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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
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Creates the "2026 Big Creek Volunteer Fire Department Fund" as a special fund within the State Treasury to hold 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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Bond proceeds and income from the bonds are exempt from all state taxation in Mississippi
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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