Bonds; authorize issuance to assist City of Itta Bena with heavy equipment acquisition.

Summary

The bill would let the State Bond Commission sell general‑obligation bonds and place the proceeds in a special fund for the City of Itta Bena to purchase heavy equipment—a backhoe and a bucket truck. The city would receive the money to cover the purchase costs, while the state would guarantee repayment with its full faith and credit. The measure failed, dying in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share