Loading chat...
MS HB1701
Bill
Status
2/22/2023
Primary Sponsor
Edward Blackmon
Click for details
AI Summary
-
Authorizes issuance of up to $1,000,000 in state general obligation bonds to assist the City of Canton, Mississippi, with infrastructure improvements
-
Funds may be used for repair, maintenance, upgrades, and improvements to roads and bridges within the City of Canton
-
Funds may also be used for upgrades and improvements to the city's stormwater drainage system and related infrastructure
-
Creates the "2023 City of Canton Road and Drainage 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 from date of issue, and are exempt from all Mississippi state taxation
Legislative Description
Bonds; authorize issuance to assist City of Canton with road, bridge and drainage improvements.
Last Action
Died In Committee
2/22/2023