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MS HB613
Bill
Status
Failed
2/25/2026
Primary Sponsor
Perry Bailey
Click for details
AI Summary
- Authorizes Mississippi to issue up to $125,000 in state general obligation bonds to help Calhoun County purchase a tractor
- Creates the "2026 Calhoun County Tractor Purchase Fund" as a special fund within the State Treasury, separate from the General Fund
- Bonds may mature up to 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
- Bonds and income from them are exempt from all state taxation
- No bonds may be issued under this act after July 1, 2030
Legislative Description
Bonds; authorize issuance to assist Calhoun County with purchasing a tractor.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means1/13/2026
Full Bill Text
No bill text available