Loading chat...
MS HB581
Bill
Status
Failed
2/25/2026
Primary Sponsor
Perry Bailey
Click for details
AI Summary
- Authorizes Mississippi to issue up to $750,000 in state general obligation bonds to help the Town of Bruce acquire a fire truck
- Creates the "2026 Town of Bruce Fire Truck Acquisition Fund" as a special fund within the State Treasury, separate from the General Fund
- Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of Mississippi
- Bonds and income from them are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
- No bonds may be issued under this act after July 1, 2030
Legislative Description
Bonds; authorize issuance to assist Town of Bruce with acquisition of a fire truck.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means1/13/2026
Full Bill Text
No bill text available