Mississippi HB1979 authorizes the issuance of state bonds to fund repairs for Calhoun County Road 102.
Mississippi HB1979 authorizes the issuance of state general obligation bonds to fund repairs and resurfacing for Calhoun County Road 102. The bonds, up to $1 million, can be issued by the State Bond Commission and must mature within 25 years. The proceeds will be deposited into a special fund, the "2026 Calhoun County - County Road 102 Repair Fund," managed by the State Treasurer. The fund will disburse money to Calhoun County for the road repairs. The bonds and their interest are exempt from state taxes. The act takes effect from July 1, 2026.
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