Loading chat...
MS SB3049
Bill
AI Summary
-
Authorizes issuance of up to $310,760 in Mississippi state general obligation bonds to fund renovation and equipping of a building for the Emmanuel Community Center operated by Serenity on the Bayou in Anguilla, Mississippi
-
Creates the "2026 Serenity on the Bayou Emmanuel Community Center 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
-
Bonds and income from them are exempt from all Mississippi 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 Serenity on the Bayou in Anguilla renovate and equip building for Emmanuel Community Center.
Last Action
Died In Committee
2/25/2026