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MS HB1981
Bill
Status
2/25/2026
Primary Sponsor
Perry Bailey
Click for details
AI Summary
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Authorizes up to $1,350,000 in state general obligation bonds to assist Calhoun County, Mississippi with the County Road 306 mill, overlay and striping project
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Creates the "2026 Calhoun County - County Road 306 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 exempt from all Mississippi state taxation
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The State Bond Commission will oversee bond issuance, with authority to sell bonds through public sealed bids or negotiated sale
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No bonds may be issued under this act after July 1, 2030, and the act takes effect July 1, 2026
Legislative Description
Bonds; authorize issuance to assist Calhoun County with County Road 306 project.
Last Action
Died In Committee
2/25/2026