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MS SB3024
Bill
AI Summary
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Authorizes issuance of up to $500,000 in state general obligation bonds to fund improvements to the Rolling Fork Civic and Event Center in Rolling Fork, Mississippi
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Creates the "2026 Rolling Fork Civic and Event Center Improvements Fund" as a special fund within the State Treasury, with the Department of Finance and Administration authorized to disburse funds to the city
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Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi
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Bonds and income from them are exempt from all Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this act after July 1, 2030
Legislative Description
Bonds; authorize issuance of general obligation bonds for improvements to Rolling Fork Civic and Event Center.
Last Action
Died In Committee
2/25/2026