Mississippi 2022 Regular Session

Mississippi Senate Bill SB2950

Introduced
1/28/22  
Refer
1/28/22  

Caption

Bonds; authorize to assist Hinds County in paying costs associated with repair and renovation of detention center.

Impact

The implementation of SB2950 is projected to have significant implications for state laws governing public finance and local government funding. By facilitating the issuance of these bonds, the bill reinforces the state's role in enabling county-level projects essential for the public good, specifically in maintaining safe and updated detention facilities. The separation of the special fund created for this purpose further ensures that funds allocated for the renovation project are safeguarded and utilized strictly for their intended purpose, thereby promoting fiscal accountability.

Summary

Senate Bill 2950 authorizes the issuance of state general obligation bonds aimed at providing financial assistance to the Board of Supervisors of Hinds County, Mississippi. The designated funds will specifically support the costs associated with the repair and renovation of the county's detention center. This legislative action reflects a targeted state investment in improving local infrastructure, which is particularly crucial for enhancing the justice system's facilities within the county. The total amount of bonds issued is capped at $15 million, ensuring that the financial commitments remain manageable.

Contention

Notably, the bill navigates the complexities of public funding and infrastructure needs, which can sometimes become contentious as different regions prioritize diverse projects. Critics may argue about the distribution of state resources, questioning whether Hinds County should receive substantial funding over other localities with pressing infrastructure needs. Additionally, the longevity of the bonds, which may be set to mature over 25 years, can spark debates regarding fiscal responsibility and the long-term obligations placed on the state’s budget.

Companion Bills

No companion bills found.

Previously Filed As

MS SB2949

Bonds; authorize issuance to assist Jackson State University in paying costs associated with repairs and renovations.

MS SB2209

Bonds; authorize to assist Clay County in paying costs of repair and renovation of courthouse.

MS SB3108

Bonds; authorize issuance to assist Town of Benoit in paying costs of repairs and renovations to town park.

MS SB2207

Bonds; authorize issuance to assist Tunica County in paying costs of repair and renovation of historic county courthouse.

MS SB3102

Bonds; increase authorized bonded indebtedness to assist City of Carthage in paying costs of coliseum repair and renovation.

MS SB2221

Bonds; authorize issuance to assist City of Leland in paying costs of repair and renovation of city park.

MS SB2214

Bonds; authorize issuance to assist Town of Metcalfe in paying costs of repair and renovation of town park.

MS HB1516

Bonds; authorize issuance to assist Town of Metcalfe in paying costs of repair and renovation of town park.

MS HB194

Bonds; authorize issuance to assist Town of Metcalfe in paying costs of repair and renovation of town park.

MS HB89

Bonds; authorize issuance to assist Holmes County with repair and renovation of county courthouse.

Similar Bills

MS SB2702

Mississippi Farm Reform Act; extend authority for issuance of general obligation bonds for Emerging Crops Fund.

MS SB2719

Workforce enhancement training fund; authorize use for workforce-related postsecondary education programs.

MS SB2286

Workforce Enhancement Training Fund contributions; provide for suspensions under certain circumstances.

MS HB1567

Workforce development; revise various provisions related to.

MS HB1461

Local governments capital improvements revolving loan program; revise definition of "capital improvements", extend repealer on MDA authority to use certain funds for expenses.

MS SB2856

Local Governments Capital Improvements Revolving Loan Program; include any project MDA deems a capital improvement.

MS HB1442

Conservatorship; revise required certificates for respondents in the State Hospital at the time of the petition.

MS HB1165

Mississippi Small Business Assistance Revolving Loan Program; establish.