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MS SB3186
Bill
Status
Failed
2/25/2026
Primary Sponsor
Angela Turner-Ford
Click for details
AI Summary
- Authorizes Mississippi to issue up to $1,000,000 in state general obligation bonds to help Clay County resurface Clisby Road in Supervisor District Two
- Creates the "2026 Clay County Clisby Road Resurfacing Fund" as a special fund within the State Treasury, with unexpended amounts and interest earnings remaining in the fund rather than lapsing to the General Fund
- Bonds may mature up to 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
- Bonds and income from them are exempt from all state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions
- No bonds may be issued under this act after July 1, 2030
Legislative Description
Bonds; authorize issuance to assist Clay County in paying costs of resurfacing Clisby Road in Supervisor District 2.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Finance2/20/2026
Full Bill Text
No bill text available