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MS SB3103

Bill

Status

Failed

2/23/2022

Primary Sponsor

Chad Mcmahan

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Authorizes issuance of up to $6,250,000 in state general obligation bonds to fund improvements in Lee County, Mississippi, with bonds maturing no later than 25 years from issuance

  • Allocates $5,000,000 for acquisition of real property for Turner South Industrial Park entrance between Turner Industrial Park and Mississippi Highway 145, with excess funds for road and stormwater improvements

  • Allocates $1,000,000 for connecting HIVE Industrial Park to Mississippi Highway 76, with excess funds for road and stormwater improvements in the industrial park

  • Provides $250,000 for fire engine purchase for the Richmond community

  • Creates the "2022 Lee County Improvements Fund" as a special fund within the State Treasury, with no bond issuance permitted after July 1, 2026

Legislative Description

Bonds; authorize to assist Lee County in paying costs of various improvements.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Finance2/17/2022

Full Bill Text

No bill text available