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MS HB726
Bill
Status
Failed
2/25/2026
Primary Sponsor
Earle Banks
Click for details
AI Summary
- Authorizes up to $1,000,000 in state general obligation bonds to help the City of Jackson acquire, remove, and demolish dilapidated and blighted properties
- Targets properties located near state grounds described in Mississippi Code Sections 29-5-2(a)(i) and 29-5-81(a), as well as properties within or near the Farish Street Historic District
- Creates the "2026 City of Jackson Dilapidated and Blighted Properties Improvements Fund" as a special fund within the State Treasury to hold bond proceeds
- Bonds may have a maximum maturity of 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
- 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 City of Jackson with removal and demolition of certain dilapidated and blighted properties.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means1/16/2026
Full Bill Text
No bill text available