Authorizes issuance of state general obligation bonds to fund the West Central Mississippi Incubator Grant Program.
The bill authorizes the issuance of state general obligation bonds to provide funds for the West Central Mississippi Incubator Grant Program in Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo Counties. The proceeds will be used to cover the costs of the program. The bonds will be exempt from all state taxes, and the State Bond Commission will act as the issuing agent. The total amount of bonds issued will not exceed $540,000, and no bonds will be issued after July 1, 2030.
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