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MS HB428

Bill

Status

Failed

2/24/2021

Primary Sponsor

Lynn Wright

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Authorizes issuance of up to $1,920,000 in state general obligation bonds to fund road improvements in Columbus, Mississippi

  • Allocates up to $920,000 for widening and improvements to a portion of 5th Street in Columbus

  • Allocates up to $1,000,000 for widening and improvements to a portion of Bluecutt Road in Columbus

  • Creates the "2021 City of Columbus - 5th Street and Bluecutt Road Improvements Fund" in the State Treasury to hold and disburse bond proceeds

  • Bonds must be issued by July 1, 2025, with a maximum maturity of 25 years, and are exempt from all Mississippi state taxation

Legislative Description

Bonds; authorize issuance to assist City of Columbus with certain road and street improvements.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Ways and Means1/18/2021

Full Bill Text

No bill text available