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MS HB446

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Fabian Nelson

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes up to $600,000 in state general obligation bonds to assist the City of Byram, Mississippi with the Barrington Drive Pipe Rehabilitation Project at Barrington Subdivision
  • Creates the "2026 City of Byram Barrington Drive Pipe Rehabilitation Fund" as a special fund within the State Treasury to receive and disburse bond proceeds
  • Bonds may have a maximum maturity of 25 years, with interest payable semiannually or annually, and are exempt from all Mississippi taxation
  • State Bond Commission serves as the issuing agent with authority to determine bond terms, sale method, and timing
  • 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 City of Byram with the city's Barrington Drive Pipe Rehabilitation Project.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/12/2026

Full Bill Text

No bill text available