Bill > HB1008

This bill authorizes the State of Mississippi to issue up to $500,000 in general obligation bonds, which are backed by the full faith and credit of the state, to help the City of Gulfport fund repairs, renovations, upgrades, and improvements to the park areas of four specific facilities: Jack and Florence Goldin Sportsplex, 19th Street Community Center, Gaston Point Recreation Center, and 28th Street Park and Pavilion. The State Bond Commission, referred to as the "Commission," will manage the issuance and sale of these bonds, with the proceeds deposited into a dedicated fund called the "2026 City of Gulfport Park Areas Improvement Fund." Each of the four park areas can receive up to $125,000 from this fund. The bill outlines the procedures for bond issuance, including maturity dates, interest rates, and sale methods, and specifies that no bonds can be issued under this act after July 1, 2030, with the act itself taking effect on July 1, 2026.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1008.xml