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MS HB430
Bill
Status
2/22/2023
Primary Sponsor
Jerry Turner
Click for details
AI Summary
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Authorizes issuance of up to $300,000 in state general obligation bonds to fund road and bridge improvements in Supervisors District 3 of Prentiss County, Mississippi
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Creates the "2023 Prentiss County Road and Bridge Improvements 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 proceeds and income from the bonds are exempt from all state taxation
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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 Prentiss County with road and bridge improvements.
Last Action
Died In Committee
2/22/2023