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MS SB3026
Bill
AI Summary
- Authorizes issuance of up to $500,000 in state general obligation bonds to help the Village of Cary, Mississippi construct a fire station
- Creates the "2026 Village of Cary Fire Station Fund" as a special fund within the State Treasury to hold bond proceeds
- Bonds must be issued before July 1, 2030, with a maximum maturity of 25 years from date of issue
- Bonds are backed by the full faith and credit of Mississippi and are exempt from all state taxation
- Any remaining funds after project completion or abandonment must be applied to pay debt service on the issued bonds
Legislative Description
Bonds; authorize to assist Village of Cary in paying costs of construction of fire station.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Finance2/10/2026
Full Bill Text
No bill text available