MS SB2965

Authorizes issuance of up to $5,500,000 in state general obligation bonds to assist Tunica County Board of Supervisors with construction and improvement of local roads and highways used primarily by casino customers

Creates the "2021 Tunica County Roads Improvements Fund" within the State Treasury to hold bond proceeds, with the Department of Finance and Administration controlling disbursements

Bonds may not be issued after July 1, 2025, and must mature within 25 years from date of issue

Pledges the full faith and credit of the State of Mississippi for bond repayment, with the State Treasurer authorized to pay from any available funds if appropriations are insufficient

Bonds and income from them are exempt from all Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions