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MS HB4053

Bill

Status

Failed

2/25/2026

Primary Sponsor

Otis Anthony

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes up to $800,000 in Mississippi state general obligation bonds to fund street repairs and infrastructure improvements in the Town of Moorhead
  • Creates the "2026 Town of Moorhead Infrastructure Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
  • Bonds may have a maximum maturity of 25 years and are backed by the full faith and credit of the State of Mississippi
  • Bond income and the bonds themselves 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 to assist Town of Moorhead with street repairs and infrastructure improvements.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means2/23/2026

Full Bill Text

No bill text available