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MS SB3046
Bill
AI Summary
- Authorizes up to $1,000,000 in Mississippi state general obligation bonds to assist the Canton Housing Authority with redeveloping 100 public housing units in Canton, Mississippi
- Creates the "2026 Canton Housing Authority Redevelopment Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
- Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi
- Bond proceeds and income are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
- No bonds may be issued under this act after July 1, 2030
Legislative Description
Bonds; authorize to assist Canton Housing Authority in paying costs of redeveloping 100 public housing units.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Finance2/10/2026
Full Bill Text
No bill text available