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MS HB615

Bill

Status

Failed

2/25/2026

Primary Sponsor

Perry Bailey

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $3,400,000 in state general obligation bonds to fund repairs, renovations, upgrades, and improvements to Bruce High School in Calhoun County, Mississippi

  • Creates the "2026 Bruce High School Improvements Fund" as a special fund within the State Treasury to receive and disburse bond proceeds

  • 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

  • Bond proceeds and income 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, with the act taking effect July 1, 2026

Legislative Description

Bonds; authorize issuance to assist Calhoun County with improvements to Bruce High School.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/13/2026

Full Bill Text

No bill text available