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Bill > HB1568


MS HB1568

MS HB1568
Bonds; authorize issuance to assist Clay, Lowndes and Oktibbeha Counties with certain road projects.


summary

Introduced
02/17/2020
In Committee
02/17/2020
Crossed Over
Passed
Dead
06/03/2020

Introduced Session

2020 Regular Session

Bill Summary

An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds To Assist In Clay County, Lowndes County And Oktibbeha County, Mississippi, In Paying Costs Associated With Various Road Projects; And For Related Purposes.

AI Summary

This bill authorizes the issuance of state general obligation bonds to provide funds to assist Clay, Lowndes, and Oktibbeha counties in Mississippi with various road projects. The bill creates a special fund within the state treasury to receive and disburse the bond proceeds, which will be used for specific road improvements in each county, including water line construction, roadway expansions and improvements, and intersection upgrades. The total amount of bonds that may be issued under this bill is $12,223,600, and no bonds can be issued after July 1, 2024.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Died In Committee (on 06/03/2020)

bill text


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