Authorizes issuance of state bonds to fund improvements to Old Dancey Road in Webster County, Mississippi.
Mississippi House Bill 1962 authorizes the issuance of state general obligation bonds to assist Webster County with construction, repairs, upgrades, and improvements to Old Dancey Road. The proceeds from the bond sale will be deposited into the "2026 Webster County Old Dancey Road Fund," which will be used to cover project costs. The bonds will mature within 25 years and will be exempt from state taxes. The State Treasurer will manage the fund, ensuring that any unexpended amounts at the end of a fiscal year are carried over to the next year.
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