Mississippi 2023 Regular Session

Mississippi Senate Bill SB2035

Introduced
1/9/23  
Refer
1/9/23  

Caption

Bonds; authorize to assist Humphreys County in paying costs of roadway, curb and gutter improvements in Westgate Subdivision.

Impact

The approval of SB2035 is significant as it aims to directly enhance essential infrastructure in a specific locality of Mississippi. By creating a special fund for these improvements, the state seeks to ensure that allocated resources are effectively managed and used for their intended purposes. The bill underscores a proactive approach to community infrastructure, highlighting the importance of reliable roadways and associated features for residents, which can positively impact property values and local economic conditions.

Summary

Senate Bill 2035 authorizes the issuance of state general obligation bonds up to $1,100,000 to assist the Board of Supervisors of Humphreys County, Mississippi, specifically for funding roadway, curb, and gutter improvements in the Westgate Subdivision. The provisions specify that the funds raised through these bonds must solely be utilized for the stated improvements and related expenses arising from the issuance and sale of the bonds. This legislative effort reflects the state's commitment to enhancing local infrastructure, which is critical for community development and public safety.

Contention

While SB2035 is primarily focused on facilitating infrastructure improvements, funding through state-issued bonds can sometimes lead to concerns regarding fiscal responsibility and long-term debt implications. Stakeholders might express worries about the sustainability of financing, especially in light of future financial obligations that the state must adhere to. As with similar legislation, discussions may also arise around the equitable distribution of funds and whether such funding prioritizes certain areas over others within the state.

Companion Bills

No companion bills found.

Previously Filed As

MS SB2103

Bonds; authorize to assist Humphreys County in paying costs of roadway, curb and gutter improvements in Westgate Subdivision.

MS SB2090

Bonds; authorize to assist Humphreys County in paying costs of roadway, curb and gutter improvements in Westgate Subdivision.

MS HB1736

Bonds; authorize to assist Humphreys County in paying costs of roadway, curb and gutter improvements in Westgate Subdivision.

MS SB3137

Bonds; authorize issuance to assist Humphreys County in paying costs of construction of bridge over Wolf Lake.

MS HB1736

Bonds; authorize issuance to assist Perry County with making upgrades and improvements to three county roadways.

MS SB3103

Bonds; authorize to assist Lee County in paying costs of various improvements.

MS SB3099

Bonds; authorize to assist Holmes County in paying costs of road repairs and improvements.

MS SB3078

Bonds; authorize to assist Montgomery County in paying the costs of road improvements.

MS SB2929

Bonds; authorize issuance to Clay County to assist in paying costs of various capital improvements.

MS SB2007

Bonds; authorize to assist Town of Anguilla in paying costs of improvements projects.

Similar Bills

MS SB2702

Mississippi Farm Reform Act; extend authority for issuance of general obligation bonds for Emerging Crops Fund.

MS SB2719

Workforce enhancement training fund; authorize use for workforce-related postsecondary education programs.

MS SB2286

Workforce Enhancement Training Fund contributions; provide for suspensions under certain circumstances.

MS HB1567

Workforce development; revise various provisions related to.

MS HB1461

Local governments capital improvements revolving loan program; revise definition of "capital improvements", extend repealer on MDA authority to use certain funds for expenses.

MS SB2856

Local Governments Capital Improvements Revolving Loan Program; include any project MDA deems a capital improvement.

MS HB1442

Conservatorship; revise required certificates for respondents in the State Hospital at the time of the petition.

MS HB1165

Mississippi Small Business Assistance Revolving Loan Program; establish.