MS HB120

Establishes a state-assisted local road construction and maintenance program administered by the Office of State Aid Road Construction to provide financial assistance to eligible counties and municipalities for roads not in the state highway or state aid road systems

Creates the "State-assisted County and Municipality Road Construction and Maintenance Fund" with $15,000,000 transferred annually from the State General Fund for fiscal years 2015-2018 in four equal quarterly payments beginning July 1

Limits eligibility to counties with population not exceeding 30,000 and municipalities with population not exceeding 5,000 according to the 2010 federal census

Restricts each county or municipality to receive distributions no more than once per three-year period, with a maximum of $150,000 per distribution and funding capped at 75% of project costs

Amends Section 65-9-11 to authorize the State Aid Engineer to distribute funds from the new special fund consistent with program provisions, with no administrative deductions from allocated amounts