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Did Not Advance

Mississippi proposes $75,000 in general obligation bonds for Town of Bruce park and athletic facility improvements

Original title: Bonds; authorize issuance to assist Town of Bruce with certain fencing and lighting improvements.

Last action · February 25, 2026: 02/25 (H) Died In CommitteeSponsor: Perry Bailey

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

House Bill 1963 authorizes the issuance of up to $75,000 in state to fund park fencing, National Guard Armory fencing, and soccer field lighting in the Town of Bruce, starting July 1, 2026. The legislation creates a special state treasury fund to manage these project costs and debt service, with an issuance deadline of July 1, 2030.

Why it matters

The measure provides state-backed capital financing for local recreational and municipal facility upgrades in the Town of Bruce, backed by the full faith and credit of Mississippi.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Town of Bruce, Mississippi

Receives bond proceeds to pay for park, armory, and soccer field improvements.

Directly affected

State Bond Commission

Acts as the issuing agent responsible for selling, pricing, and structuring the general obligation bonds.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the maximum amount of bonds that can be issued under this bill?
The total amount of bonds issued under this section shall not exceed Seventy-five Thousand Dollars ($75,000.00).
What is the final deadline for issuing these bonds?
No bonds shall be issued under this section after July 1, 2030.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died in committee.

Procedural history

2 actions
  1. Feb 25, 2026House
    02/25 (H) Died In Committee
  2. Feb 17, 2026HouseCommittee
    02/17 (H) Referred To Ways and Means

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

State Bond Commission, Town of Bruce, Mississippi, State Treasurer and 1 more
OrganizationState Bond Commission“Issuing agent for the general obligation bonds”Map →
locationTown of Bruce, Mississippi“Local municipality receiving bond proceeds for improvements”Map →
PersonState Treasurer“Maintains the special fund and certifies warrant necessities”Map →
OrganizationDepartment of Finance and Administration“Disburses monies from the special fund and requests warrants”Map →

Sources

Open source document

billstatus.ls.state.ms.us

Analysis Score

0–100
  • Significance15
    Lowered because this bill did not pass (its text scored 15)
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment2
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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