Mississippi House Bill 1214: Credit Enhancement Program; establish to improve credit worthiness of schools.

Mississippi · 2026 Regular Session

What it does

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.

Latest action

Died In Committee (2026-02-03)

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