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MS HB4035

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Timaka James-Jones

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes $2,000,000 in state general obligation bonds to assist the City of Greenwood, Mississippi, with municipal vehicle needs
  • Allocates $1,000,000 for acquiring new vehicles including police patrol cars, fire engines, public works dump trucks, and wastewater treatment maintenance vehicles
  • Allocates $1,000,000 for retiring or reducing existing debt obligations incurred to acquire and maintain vehicles for the Police, Fire, Public Works, and Wastewater Treatment departments
  • Creates the "2026 City of Greenwood Vehicles Fund" as a special fund within the State Treasury to hold bond proceeds
  • Bonds must be issued before July 1, 2030, with a maximum maturity of 25 years, and are exempt from all Mississippi taxation

Legislative Description

Bonds; authorize issuance to assist City of Greenwood with acquiring essential vehicles and reducing existing debt incurred to acquire vehicles.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means2/20/2026

Full Bill Text

No bill text available