Mississippi HB254 authorizes the issuance of state bonds to fund road and building improvements in Holmes County.
Mississippi HB254 establishes a special fund, the "2026 Holmes County Roads and Buildings Improvements Fund," to receive bond proceeds. These funds will assist Holmes County in covering costs for road and street repairs, rehabilitation, resurfacing, construction, and reconstruction, as well as improvements to county buildings and facilities. The State Bond Commission is authorized to issue up to $2 million in general obligation bonds, with sales ending by July 1, 2030. The bonds are exempt from state taxation, and the full faith and credit of the state is pledged for their repayment.
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