Loading chat...
MS HB1763
Bill
Status
2/22/2023
Primary Sponsor
Dale Goodin
Click for details
AI Summary
-
Authorizes issuance of up to $1,400,000 in state general obligation bonds to assist Greene County, Mississippi, with road maintenance, upgrades, and improvements
-
Funds designated for Tung Oil Road from its intersection with Highway 63 to Neely Avera Road, and for the segment of Neely Avera Road connecting to Highway 63
-
Creates the "2023 Tung Oil Road and Neely Avera Road Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
-
Bonds must be issued by July 1, 2027, with a maximum maturity of 25 years and interest rates subject to existing statutory limits
-
Bonds are tax-exempt in Mississippi and backed by the full faith and credit of the state
Legislative Description
Bonds; authorize issuance to assist Greene County with maintenance of Tung Oil Road and segment of Neely Avera Road.
Last Action
Died In Committee
2/22/2023