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MS HB1499
Bill
Status
2/22/2023
Primary Sponsor
Jeffery Harness
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AI Summary
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Authorizes issuance of up to $500,000 in state general obligation bonds to help Jefferson County, Mississippi pay for replacing a bridge on January Road
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Creates the "2023 Jefferson County January Road Bridge Replacement Fund" as a special fund within the State Treasury to hold bond proceeds
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Bonds may mature up to 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
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Bond income and the bonds themselves are exempt from all state taxation in Mississippi
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No bonds may be issued under this act after July 1, 2027, with the act taking effect July 1, 2023
Legislative Description
Bonds; authorize issuance to assist Jefferson County with replacement of a bridge on January Road.
Last Action
Died In Committee
2/22/2023