Bill

Bill > HB500


MS HB500

MS HB500
Mississippi Home Corporation; extend reverter on authority to issue a certain amount of bonds.


summary

Introduced
01/18/2021
In Committee
02/16/2021
Crossed Over
02/03/2021
Passed
03/18/2021
Dead
Signed/Enacted/Adopted
03/25/2021

Introduced Session

2021 Regular Session

Bill Summary

An Act To Amend Section 43-33-729, Mississippi Code Of 1972, To Extend Until July 1, 2024, The Provision Of Law That Authorizes The Mississippi Home Corporation To Issue Bonds And Notes Annually In An Aggregate Principal Amount Not To Exceed $350,000,000.00; And For Related Purposes.

AI Summary

This bill extends the provision of law that authorizes the Mississippi Home Corporation to issue bonds and notes annually in an aggregate principal amount not to exceed $350,000,000 until July 1, 2024. The bill amends Section 43-33-729 of the Mississippi Code of 1972, which currently allows the corporation to issue these bonds and notes through June 30, 2021. By extending the reverter, this bill continues to provide the Mississippi Home Corporation with the authority to issue these bonds and notes for an additional three years beyond the current expiration date.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by Governor (on 03/25/2021)

bill text


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