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Bill > SB3188
MS SB3188
MS SB3188Bonds; authorize issuance to assist Lowndes County in paying costs of wastewater and sewer upgrades in Supervisor District 4.
summary
Introduced
02/20/2026
02/20/2026
In Committee
02/20/2026
02/20/2026
Crossed Over
Passed
Dead
02/25/2026
02/25/2026
Introduced Session
2026 Regular Session
Bill Summary
An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds To Assist The Board Of Supervisors Of Lowndes County, Mississippi, In Paying The Costs Associated With Wastewater And Sewer Upgrades In Supervisor District Four, Within The Boundaries Of Mississippi Senate District 16; And For Related Purposes.
AI Summary
This bill authorizes the State of Mississippi to issue up to $1,000,000 in state general obligation bonds, which are essentially loans backed by the state's full faith and credit, to help Lowndes County pay for necessary upgrades to its wastewater and sewer systems specifically within Supervisor District 4. These bonds will be managed by the State Bond Commission, which will oversee their sale and ensure the funds are used for the intended purpose, with any remaining money after project completion being used to pay off the bonds. The bill also establishes a dedicated fund, the "2026 Lowndes County Wastewater and Sewer Fund," to hold the proceeds from the bond sales, and specifies that no bonds can be issued under this act after July 1, 2030.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died In Committee (on 02/25/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB3188.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/3100-3199/SB3188IN.htm |
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