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MS SB2758
Bill
AI Summary
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Authorizes issuance of up to $10,000,000 in state general obligation bonds to assist Hinds County Board of Supervisors with construction and development of the Byram-Clinton Parkway project
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Creates the "2022 Byram-Clinton Parkway Project Construction Fund" within the State Treasury to hold and disburse bond proceeds for the project
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Bonds may have a maximum maturity of 25 years from date of issue, with interest payable semiannually or annually
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Bonds and income from them are exempt from all Mississippi state taxation and constitute legal investments for trustees, fiduciaries, and financial institutions
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No bonds may be issued under this authorization after July 1, 2026
Legislative Description
Bonds; authorize issuance to assist Hinds County in paying costs of construction of Byram-Clinton Parkway project.
Last Action
Died In Committee
2/23/2022