Authorizes Mississippi to issue bonds to fund road repairs in Clay County.
This bill authorizes the State of Mississippi to issue general obligation bonds to provide funds for the repair and overlay of Good Road and Pruitt Road in Clay County. The proceeds will be deposited into the "2026 Clay County Good and Pruitt Roads Repair Fund" to assist the Board of Supervisors of Clay County in paying the associated costs. The bonds will mature no later than July 1, 2030, and the total amount issued will not exceed $500,000. The bonds and their income are exempt from all state taxes.
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