MS HB230

Authorizes issuance of up to $7,598,600 in state general obligation bonds, with proceeds deposited into a special "2022 Clay County, Lowndes County and Oktibbeha County Road Improvement Fund"

Clay County receives up to $1,943,600 for a 16-inch water line project on Yokohama Boulevard ($1,685,600) and roadway expansion between Eshman Avenue and Yokohama Boulevard ($258,000)

Lowndes County receives up to $3,775,000 for completion of Charleigh Ford Drive as a two-lane roadway ($3,100,000) and extension of Manufactures Drive ($675,000)

Oktibbeha County receives up to $1,880,000 for expansion and improvement of Sudduth Road between Mississippi Highway 389 and Retherford Road

Bonds must be issued by July 1, 2025, with maturity not exceeding 25 years; bond income is exempt from state taxation and backed by full faith and credit of the state