MS SB3056

Authorizes Jackson's governing authorities to establish special local improvement assessment districts and levy an annual special assessment of up to 6 mills on taxable real property within those districts.

Requires either adoption of a resolution with 60% property owner approval or a ballot referendum process with 60% owner approval; boundaries cannot be modified or assessments increased without 70% owner approval and public hearing.

Permits assessment proceeds to fund local improvements including parks, sidewalks, streets, security equipment, private patrol services, and related planning and administrative costs.

Authorizes issuance of bonds payable solely from special assessment revenue without voter approval, outside municipal debt limitations, and establishes that bond proceeds and income are exempt from state taxation.

Allows delegation of authority to urban renewal agencies or redevelopment authorities and permits homeowners associations to manage improvements; districts may be dissolved when planned activities are complete and all debts are satisfied.