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Did Not Advance

Mississippi Proposes $500,000 General Obligation Bond for Rolling Fork Civic and Event Center Improvements

Original title: Bonds; authorize issuance of general obligation bonds for improvements to Rolling Fork Civic and Event Center.

Last action · February 25, 2026: 02/25 (S) Died In CommitteeSponsor: Joseph Thomas

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Senate Bill 3024 authorizes the issuance of up to $500,000 in state to fund improvements for the Rolling Fork Civic and Event Center in Mississippi. The measure creates a special treasury fund managed by the Department of Finance and Administration to disburse the proceeds and sets an issuance deadline of July 1, 2030.

Why it matters

The measure establishes a dedicated $500,000 state funding stream backed by the full faith and credit of Mississippi to finance physical upgrades for a municipal civic center in Rolling Fork.

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

City of Rolling Fork

Receives bond proceeds distributed by the Department of Finance and Administration to pay for civic and event center improvements.

Directly affected

State Bond Commission

Acts as the issuing agent responsible for advertising, selling, and executing the general obligation bonds.

Directly affected

State of Mississippi

Pledges its full faith and credit for the payment of bond principal and interest.

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 $500,000.
By what date must the bonds be issued?
No bonds may be issued under this section after July 1, 2030.
What happens to unspent funds once the Rolling Fork Civic and Event Center project is completed?
Any amounts remaining in the special fund after the project is completed, abandoned, or cannot be completed in a timely fashion are applied to pay debt service on the bonds.

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, 2026Senate
    02/25 (S) Died In Committee
  2. Feb 10, 2026SenateCommittee
    02/10 (S) Referred To Finance

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, Chancery Court of the First Judicial District of Hinds County, Mississippi, State Treasurer and 2 more
OrganizationState Bond Commission“Issuing agent for the general obligation bonds”Map →
PersonState Treasurer“Maintains the special fund and certifies necessary warrants”Map →
locationRolling Fork“City receiving assistance for civic and event center improvements”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
  • Significance20
    Lowered because this bill did not pass (its text scored 35)
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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