Mississippi Senate Bill SB3101

Mississippi 2022 Regular Session

• Introduced: 2/17/22
• Refer: 2/17/22
• Failed: 2/23/22

Caption

Bonds; authorize issuance to assist in paying for road improvements in Attala County Supervisor District 2.

Impact

The bill's passage would result in the creation of the '2022 Attala County Supervisor District 2 Road Improvements Fund,' designated exclusively for financing stipulated roadway upgrades. The funding mechanism outlined in this bill allows up to one million dollars in bonds to be issued, enhancing the ability of local government to support necessary infrastructure improvements. The projects funded through these bonds are expected to contribute positively to local road conditions and enhance overall public safety.

Summary

Senate Bill 3101 is proposed legislation aimed at authorizing the issuance of state general obligation bonds specifically to assist the Board of Supervisors of Attala County, Mississippi, in financing costs related to road improvements in Supervisor District 2. This act aims to create a dedicated funding mechanism, establishing a special fund within the State Treasury to facilitate these infrastructure enhancements.

Contention

Although the bill appears to primarily address local infrastructure funding, there may be concerns regarding fiscal responsibility and the impact on state finances. Critics may argue about the appropriateness of state funds being utilized for localized projects or the long-term financial implications of bond issuance on the state treasury. Furthermore, discussions around the equitable distribution of funds across other regions of Mississippi could arise, highlighting the need for transparency and fairness in the allocation of state resources.