Mississippi HB1824 authorizes state bonds to fund utility system upgrades in Itta Bena.
Mississippi HB1824 authorizes the State Bond Commission to issue general obligation bonds up to $1.5 million to fund utility system and metering upgrades in Itta Bena. The proceeds will be deposited into a special fund, the "2026 City of Itta Bena Utility System Improvements Fund," and disbursed to cover project costs. The bonds will mature no later than July 1, 2030, and will be exempt from state taxes. The State Treasurer will manage the fund and ensure timely bond payments.
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