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MS HB617
Bill
Status
Failed
2/25/2026
Primary Sponsor
Perry Bailey
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AI Summary
- Authorizes issuance of up to $250,000 in state general obligation bonds to assist the Town of Bruce, Mississippi with sewer system repairs, upgrades, and improvements
- Creates the "2026 Town of Bruce Sewer System Fund" as a special fund within the State Treasury to hold 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 income and the bonds themselves are exempt from all state taxation
- 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 Town of Bruce with sewer system improvements.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means1/13/2026
Full Bill Text
No bill text available