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MS HB1505
Bill
Status
2/23/2022
Primary Sponsor
Jeffery Harness
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AI Summary
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Authorizes issuance of up to $11,775,000 in state general obligation bonds to fund road and bridge improvements in Jefferson County, Mississippi
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Allocates $3,000,000 for planning, environmental clearance, right-of-way acquisition, and construction of approximately five miles of McBride Road
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Provides funding for replacement of nine specific bridges in Jefferson County, with individual allocations ranging from $550,000 to $2,000,000 per bridge
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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
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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