HB445

Mississippi HB445 authorizes the issuance of state bonds to fund construction of a new fire station for the Byram Volunteer Fire Department in Hinds.

Mississippi HB445 authorizes the State Bond Commission to issue up to $650,000 in general obligation bonds to assist Hinds County with the construction of a new fire station for the Byram Volunteer Fire Department. The bonds, which mature no later than July 1, 2030, will be used to cover costs associated with building the station at Midway Road and Owens Road in House District 66. The act creates a special fund, the "2026 Hinds County Byram Volunteer Fire Department Fire Station Fund," to manage the bond proceeds. The bonds are exempt from state taxation and can be redeemed before maturity.