Bill > HB290

This bill authorizes the State of Mississippi to issue up to $2,000,000 in state general obligation bonds to help the City of Pearl fund repairs, renovations, and upgrades to its City Hall Complex and related facilities. The State Bond Commission, referred to as the "Commission," will manage the issuance and sale of these bonds, which are backed by the full faith and credit of the state. The proceeds will be placed in a special fund called the "2026 City of Pearl City Hall Complex Improvements Fund," and any remaining money after the projects are completed will be used to pay off the bonds. The bonds will mature within 25 years of their issuance and cannot be issued after July 1, 2030. This act provides the complete authority for issuing these bonds and takes effect on July 1, 2026.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0290.xml