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MS HB44
Bill
Status
2/22/2023
Primary Sponsor
Gene Newman
Click for details
AI Summary
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Authorizes issuance of up to $2,500,000 in state general obligation bonds to fund the City of Pearl's U.S. Highway 80 Lighting Project
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Project covers construction, reconstruction, upgrades, and improvements to U.S. Highway 80 from Pearson Road to Pirate Cove in Pearl, Mississippi
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Creates the "2023 City of Pearl U.S. Highway 80 Lighting Project Fund" as a special fund within the State Treasury to hold and disburse bond proceeds
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Bonds may mature up to 25 years from date of issue and must be issued before July 1, 2027
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Bonds are tax-exempt general obligations backed by the full faith and credit of the State of Mississippi
Legislative Description
Bonds; authorize issuance to assist City of Pearl with U.S. Highway 80 lighting project.
Last Action
Died In Committee
2/22/2023