Agriculture and timber economic development; issue bonds and establish program for.
(S) Died In Committee
Summary
The measure authorizes the state to sell up to $5 million in general‑obligation bonds and deposit the proceeds into a newly created Mississippi Agriculture and Timber Economic Development Fund. The Mississippi Development Authority would run a program to attract agriculture and timber businesses, open new markets and improve access to existing ones. A portion of the 1.5% sales tax on farm tractors, parts and repair services would also be directed to the fund.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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