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MS HB1956
Bill
Status
2/25/2026
Primary Sponsor
Perry Bailey
Click for details
AI Summary
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Authorizes up to $400,000 in Mississippi state general obligation bonds to help Calhoun County purchase a new ladder truck for the Calhoun County Volunteer Fire Department
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Creates the "2026 Calhoun County Volunteer Fire Department Ladder Truck Fund" as a special fund within the State Treasury, with unexpended amounts carrying over between fiscal years
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Bonds may mature up to 25 years from date of issue and are exempt from all Mississippi state taxation
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State Bond Commission will oversee bond issuance, sale method, and disbursement of proceeds to the Department of Finance and Administration
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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 Calhoun County with purchasing a new ladder truck for Calhoun County Volunteer Fire Department.
Last Action
Died In Committee
2/25/2026