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MS SB2473
Bill
AI Summary
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Authorizes issuance of up to $3,005,000 in state general obligation bonds to fund road projects in Lafayette County, Mississippi
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Allocates $2,000,000 for the West Oxford Loop Extension and $1,005,000 for repairs to Bridge 134 on County Road 459
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Creates the "2021 Lafayette County Road and Bridge Projects Fund" within the State Treasury to receive and disburse bond proceeds
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Bonds may not be issued after July 1, 2025, must mature within 25 years of issuance, and are backed by the full faith and credit of the State of Mississippi
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Bond income and the bonds themselves are exempt from all Mississippi state taxation
Legislative Description
Bonds; authorize issuance to assist Lafayette County in paying costs of road projects.
Last Action
Died In Committee
2/24/2021
Committee Referrals
Finance1/18/2021
Full Bill Text
No bill text available