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Bill > HB691


MS HB691

MS HB691
Appropriation; City of Holly Springs for widening a road for the Springs Industrial Park.


summary

Introduced
01/15/2025
In Committee
01/15/2025
Crossed Over
Passed
Dead
02/26/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act Making An Appropriation To The City Of Holly Springs For The Purpose Of Widening A Segment Of Old Highway 78 Into A Four-lane Road For The Springs Industrial Park That Will Be Located In Holly Springs, For The Fiscal Year 2026.

AI Summary

This bill provides a $2.5 million appropriation from the State General Fund to the City of Holly Springs specifically for widening a segment of Old Highway 78 into a four-lane road to support infrastructure for the new Springs Industrial Park. The appropriation is designated for the fiscal year beginning July 1, 2025, and ending June 30, 2026. The bill outlines that the State Treasurer will disburse the funds through warrants issued by the State Fiscal Officer upon proper requisition, following standard legal procedures for fund disbursement. The funds are intended to improve transportation infrastructure to support economic development by preparing road access for a new industrial park, which could potentially attract businesses and create jobs in the Holly Springs area. The appropriation will become effective on July 1, 2025, marking the start of the fiscal year for which the funding is designated.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Committee (on 02/26/2025)

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