HB1780

Authorizes issuance of state bonds to fund purchase of a fire truck for Indianola's fire department.

Mississippi House Bill 1780 authorizes the issuance of state general obligation bonds to provide funds to assist the City of Indianola in paying costs associated with purchasing a fire truck for the city's fire department. The bonds, totaling up to $2,100,000, will be issued by the State Bond Commission and cannot be issued after July 1, 2030. The proceeds will be deposited into the "2026 City of Indianola Fire Truck Fund" and disbursed to cover the costs of the fire truck. The bonds will be exempt from all state taxation.