Mississippi 2023 Regular Session

Mississippi House Bill HB1758

Introduced
2/22/23  
Refer
2/22/23  

Caption

Bonds; authorize issuance to assist Greene County with overlay and drainage improvements for Crenshaw Road.

Impact

The financial measures outlined in HB1758 will allow Greene County to access much-needed funds for critical road and drainage projects. By establishing a special fund specifically for these improvements, the bill creates a structured approach to managing the expenses associated with infrastructure work. The bonds are supported by the full faith and credit of the State of Mississippi, assuring investors of their security and the state's commitment to honoring its financial obligations.

Summary

House Bill 1758 authorizes the issuance of state general obligation bonds aimed at providing financial assistance to Greene County, Mississippi, specifically for overlaying Crenshaw Road and making drainage improvements along and near that road. The bill emphasizes the need for infrastructure enhancement within the county as part of broader efforts to maintain and improve local transportation and resource management systems.

Contention

While the bill appears straightforward in its intentions to support local infrastructure, there may be potential concerns regarding the long-term financial implications of taking on additional debt through bond issuance. Several stakeholders might debate the necessity of such bonds in light of existing funding sources, prioritizing other areas of spending, or the management of such designated funds. Furthermore, the absence of provisions for accountability regarding the use of the funds could raise questions on ensuring that improvements are effectively implemented and maintained.

Companion Bills

No companion bills found.

Previously Filed As

MS HB1755

Bonds; authorize issuance to assist George County with drainage and safety improvements for Crenshaw Road.

MS HB1701

Bonds; authorize issuance to assist City of Canton with road, bridge and drainage improvements.

MS HB1506

Bonds; authorize issuance to assist Jefferson County with drainage improvements.

MS HB1766

Bonds; authorize issuance to assist Greene County overlay of Winborn Chapel Road and Old Highway 63.

MS HB222

Bonds; authorize issuance to assist City of Starkville with drainage improvements.

MS HB638

Bonds; authorize issuance to assist City of Starkville with drainage improvements.

MS HB102

Bonds; authorize issuance to assist Holmes County with improvements to county roads and buildings.

MS HB123

Bonds; authorize issuance to assist Holmes County with improvements to county roads and buildings.

MS HB212

Bonds; authorize issuance to assist Holmes County with improvements to county roads and buildings.

MS HB356

Bonds; authorize issuance to assist Holmes County with improvements to county roads and buildings.

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.