HB 1214
Credit Enhancement Program; establish to improve credit worthiness of schools.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
An act to establish a credit enhancement program for mississippi school district bonds to lower borrowing costs through state guarantees; To define the roles and responsibilities of school districts, tax collectors, paying agents, and the state treasurer IN administering the program; To outline conditions for state payments and district reimbursements, including penalties and legal remedies; To provide for the appropriation of funds to support the program; To authorize the state bond commission to adopt rules for implementation; To bring forward sections 37-59-101, 37-59-103, 37-59-105, 37-59-107, 37-59-109, 37-59-111, 37-59-113 and 37-59-115, mississippi code of 1972, for purposes of possible amendments; And for related purposes.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yours