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MS HB1505

Bill

Status

Failed

2/23/2022

Primary Sponsor

Jeffery Harness

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Authorizes issuance of up to $11,775,000 in state general obligation bonds to fund road and bridge improvements in Jefferson County, Mississippi

  • Allocates $3,000,000 for planning, environmental clearance, right-of-way acquisition, and construction of approximately five miles of McBride Road

  • Provides funding for replacement of nine specific bridges in Jefferson County, with individual allocations ranging from $550,000 to $2,000,000 per bridge

  • Creates the "2022 Jefferson County Road and Bridge Fund" within the State Treasury to hold bond proceeds, with funds not lapsing at fiscal year end

  • Bonds must be issued by July 1, 2026, with a maximum maturity of 25 years, and are exempt from all Mississippi state taxation

Legislative Description

Bonds; authorize issuance to assist Jefferson County with road and bridge projects.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Ways and Means1/17/2022

Full Bill Text

No bill text available