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SB2827Introduced in the Senate

Bonds; create a rural counties and municipalities emergency infrastructure loan program and authorize issuance of bonds.

Failed

Introduced by Derrick Simmons, District 12

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act To Establish A Revolving Loan Program For The Purpose Of Making Loans To Assist Rural Counties And Municipalities In Paying Costs Associated With Emergency Repair, Maintenance, Construction, Reconstruction, Upgrades Of And Improvements To Infrastructure Projects; To Provide That The Mississippi Development Authority Shall Administer The Revolving Loan Program Created In This Act; To Create A Special Fund In The State Treasury, Designated As The "rural Counties And Municipalities Emergency Infrastructure Improvements Fund"; To Authorize The Issuance Of $10,000,000.00 Of State General Obligation Bonds To Provide Funds For The "rural Counties And Municipalities Emergency Infrastructure Improvements Fund"; And For Related Purposes.

Where it stands

Died In Committee

February 25, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Referred To Finance

  2. Died In Committee

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