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MS HB123

Bill

Status

Failed

2/22/2023

Primary Sponsor

Bryant Clark

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Authorizes issuance of up to $2,000,000 in state general obligation bonds to assist Holmes County, Mississippi with infrastructure improvements

  • Funds may be used for repair, rehabilitation, resurfacing, construction, and reconstruction of county roads and streets

  • Funds may also be used for improvements to county buildings and facilities, including repair, renovation, restoration, and upgrades

  • Creates the "2023 Holmes County Roads and Buildings Improvements Fund" as a special fund within the State Treasury to hold bond proceeds

  • Bonds must be issued by July 1, 2027, with a maximum maturity of 25 years, and are backed by the full faith and credit of Mississippi

Legislative Description

Bonds; authorize issuance to assist Holmes County with improvements to county roads and buildings.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Ways and Means1/4/2023

Full Bill Text

No bill text available