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MS HB4063

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Robert Sanders

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $1,000,000 in Mississippi general obligation bonds to fund the North Bayou Avenue improvement project in Cleveland, Mississippi
  • Project scope includes removing road obstructions, widening the road, and installing lighting on North Bayou Avenue
  • Creates the "2026 City of Cleveland North Bayou Avenue Improvement Project Fund" as a special fund within the State Treasury to hold bond proceeds
  • Bonds may mature up to 25 years from date of issue and must be issued before July 1, 2030
  • Bonds and income from them are exempt from all state taxation and backed by the full faith and credit of Mississippi

Legislative Description

Bonds; authorize issuance to assist City of Cleveland with North Bayou Avenue improvement project.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means2/24/2026

Full Bill Text

No bill text available