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MS HB4053
Bill
Status
Failed
2/25/2026
Primary Sponsor
Otis Anthony
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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