Authorizes Mississippi to issue bonds to fund construction of a new police department building and jail in Byhalia.
The bill authorizes the issuance of state general obligation bonds to assist the Town of Byhalia, Mississippi, in covering costs for constructing a new police department building and jail. The bonds, not exceeding One Million Dollars, can be issued until July 1, 2030. A special fund, the "2026 Town of Byhalia Police Department and Jail Fund," is created within the State Treasury to manage the bond proceeds. The State Bond Commission is responsible for selling the bonds, and the Department of Finance and Administration handles the disbursement of funds.
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