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MS SB3027

Bill

Status

Failed

2/25/2026

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Authorizes up to $500,000 in state general obligation bonds for repair and renovation of the Oakes African American Cultural Center in Yazoo City, Mississippi
  • Creates the "2026 Oakes African American Cultural Center Repair and Renovation Fund" as a special fund within the State Treasury to receive and disburse 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
  • Bonds and income from them are exempt from all Mississippi state taxation
  • No bonds may be issued under this act after July 1, 2030

Legislative Description

Bonds; authorize issuance of general obligation bonds for repair and renovation of Oakes African American Cultural Center.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Finance2/10/2026

Full Bill Text

No bill text available