Bill
HF 1747
HF 1747 would authorize state funding and general obligation bonds to finance capital improvements at the Jackson Area Recreation Center, with local cost sharing and oversight.
HF 1747 — Jackson Area Recreation Center capital improvements funding provided, bonds issued, and money appropriated
Overview
HF 1747 would provide state funding for capital improvements to the Jackson Area Recreation Center, authorize the issuance of bonds to finance the project, and appropriate money for the effort. The bill is at the Introduction and First Reading stage and has been referred to the Capital Investment committee. A companion Senate bill is SF 2177.
What the bill would do (key provisions)
- Funding authorization: Establish state funding to support capital improvements at the Jackson Area Recreation Center. Specific funding levels and the scope of improvements would be defined in the bill’s enacted text.
- Bond authorization: Authorize the issuance of state bonds (general obligation bonds) to finance the project. The terms, including total bond amount, issuance schedule, maturity, interest rates, and debt service expectations, would be detailed in the final bill.
- Appropriation and use of funds: Create an appropriation mechanism to allocate bond proceeds and any required state funds for design, construction, renovation, equipment, and related project costs for the recreation center.
- Project description and milestones: Provide a description of eligible capital improvements (e.g., renovations, expansions, equipment upgrades) and establish milestones or a timeline for planning, bidding, construction, and project completion.
- Local considerations: Possible requirements for local participation, cost sharing, or in-kind contributions, and compliance with applicable state laws governing state-aid and bonding.
- Oversight and reporting: Include provisions for monitoring, audit, and reporting requirements to ensure proper use of funds and timely project delivery.
- Conditions and contingencies: Set forth any conditions to funding, including match requirements, environmental reviews, or contingency allocations, to be satisfied before bond proceeds are released.
Fiscal and local impact (general)
- State-level impact: The proposal would commit state bonding authority and create future debt service obligations. The exact fiscal impact depends on the final bond amount, terms, and schedule, as well as the timing of the appropriation.
- Local impact: The City or local governing body associated with the Jackson Area Recreation Center would likely receive state funds for capital improvements and would be responsible for managing project execution in accordance with the grant/bond terms.
Procedural notes and next steps
- Status: Introduction and first reading; referred to Capital Investment.
- Timeline: If advanced, the bill would undergo committee hearings, possible amendments, and floor votes in both chambers. Final passage would precede a governor’s signature.
- Related legislation: Companion bill SF 2177 in the Senate.
Note: The specific dollar amounts, project scope, bond terms, and local-matching requirements are not provided in the available summary. The final bill text will specify these details.
Compiled from official sources — confirm details with the bill’s official record.
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