Mississippi House Bill 1564

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 20 2025 - 25% progression
Action: 2025-02-04 - Title Suff Do Pass
Text: Latest bill text (Introduced) [HTML]

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.

Credit Enhancement Program; establish to improve credit worthiness of schools.

Rep. Kent McCarty [R]

Date	Chamber	Action
2025-02-04	House	Title Suff Do Pass
2025-02-04	House	DR - TSDP: WM To ED
2025-01-29	House	DR - TSDP: ED To WM
2025-01-20	House	Referred To Education;Ways and Means

Chapter	Article	Section	Citation Type	Statute Text
37	59	101	New Code	See Bill Text
37	59	103	New Code	See Bill Text
37	59	105	New Code	See Bill Text
37	59	107	New Code	See Bill Text
37	59	109	New Code	See Bill Text
37	59	111	New Code	See Bill Text
37	59	113	New Code	See Bill Text
37	59	115	New Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB1564.xml
Text	https://billstatus.ls.state.ms.us/documents/2025/html/HB/1500-1599/HB1564IN.htm