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MS HB1806
Bill
Status
2/25/2026
Primary Sponsor
Keith Jackson
Click for details
AI Summary
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Authorizes issuance of up to $1,800,000 in state general obligation bonds to fund road improvements in the Town of Marion, Mississippi
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Funds specifically designated for construction, reconstruction, and upgrades at and near the intersection of Dale Drive and NE Industrial Park Drive, including adding lanes to both roads
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Creates the "2026 Town of Marion Road Fund" as a special fund within the State Treasury to hold bond proceeds, with unexpended amounts not lapsing into the General Fund
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Bonds may mature up to 25 years from issuance and are exempt from all Mississippi state taxation
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No bonds may be issued under this act after July 1, 2030, with the act taking effect July 1, 2026
Legislative Description
Bonds; authorize issuance of to assist Town of Marion with road improvements.
Last Action
Died In Committee
2/25/2026