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MS HB1749

Bill

Status

Failed

3/27/2024

Primary Sponsor

John Hines

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Authorizes issuance of state general obligation bonds totaling up to $988,205.00 to fund road improvements in Washington County, Mississippi.

  • Allocates up to $648,065.00 for paving, repaving, repairs, upgrades and improvements to Sarullo Circle in Washington County.

  • Allocates up to $340,140.00 for paving, repaving, repairs, upgrades and improvements to Mourning Dove Street in Washington County.

  • Creates a special "2024 Washington County Road Fund" within the State Treasury to receive bond proceeds, with unexpended amounts and investment earnings applied to bond debt service after project completion.

  • Bonds may not be issued after July 1, 2028, and are backed by full faith and credit of the State of Mississippi with interest rates not to exceed limits set in Mississippi Code Section 75-17-101.

Legislative Description

Bonds; authorize issuance to assist Washington County with road projects.

Last Action

Died In Committee

3/27/2024

Committee Referrals

Ways and Means2/28/2024

Full Bill Text

No bill text available