HB446

Authorizes issuance of state bonds to fund Barrington Drive Pipe Rehabilitation Project in Byram, Mississippi.

Mississippi House Bill 446 authorizes the issuance of state general obligation bonds to fund the Barrington Drive Pipe Rehabilitation Project in Byram, Mississippi. The proceeds from the bond sales will be deposited into the "2026 City of Byram Barrington Drive Pipe Rehabilitation Fund" within the State Treasury. The State Treasurer will disburse these funds to cover the project costs. The bonds, which cannot exceed $600,000, will mature no later than July 1, 2030. The State of Mississippi pledges its full faith and credit for the payment of these bonds.