HB137

Authorizes the issuance of state bonds to fund repairs and renovations of Metcalfe's town park.

Mississippi HB137 authorizes the State Bond Commission to issue up to $150,000 in general obligation bonds to fund the repair and renovation of the town park in Metcalfe, Mississippi. The proceeds from these bonds will be deposited into a special fund, the "2026 Town of Metcalfe Park Repair and Renovation Fund," which will be maintained separately from the state's General Fund. The bonds will be exempt from state taxes and will mature no later than July 1, 2030. The State Treasurer is responsible for ensuring the bonds are paid when due.