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MS HB1806

Bill

Status

Failed

2/25/2026

Primary Sponsor

Keith Jackson

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $1,800,000 in state general obligation bonds to fund road improvements in the Town of Marion, Mississippi

  • 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

  • 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

  • Bonds may mature up to 25 years from issuance and are exempt from all Mississippi state taxation

  • 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

Committee Referrals

Ways and Means1/29/2026

Full Bill Text

No bill text available