Bonds; authorize issuance to assist the Holmes County Consolidated School District with construction of a football stadium.
HB 541 authorizes Mississippi to issue state general obligation bonds to fund Holmes County Consolidated School District's construction of a football stadium, related facilities, and land purchase. The bonds, backed by the state's full credit, would be sold by the State Bond Commission, with proceeds transferred to a special fund for the school district's use. If state appropriations fall short, the State Treasurer would cover bond payments using unappropriated treasury funds. This bill creates a dedicated funding mechanism for a single school project without altering broader state budget processes.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2025
Last action Feb 26, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 10, 2025
Committee
Referred To Ways and Means
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bryant Clark
DDemocratic
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