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MS SB2473

Bill

Status

Failed

2/24/2021

Primary Sponsor

Nicole Boyd

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Authorizes issuance of up to $3,005,000 in state general obligation bonds to fund road projects in Lafayette County, Mississippi

  • Allocates $2,000,000 for the West Oxford Loop Extension and $1,005,000 for repairs to Bridge 134 on County Road 459

  • Creates the "2021 Lafayette County Road and Bridge Projects Fund" within the State Treasury to receive and disburse bond proceeds

  • 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

  • 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