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Did Not Advance

Mississippi authorizes $140,000 in general obligation bonds for Olive Branch Sylvan Lake Outflow Weir Project

Original title: Bonds; authorize issuance to assist City of Olive Branch with Sylvan Lake Outflow Weir Project.

Last action · February 25, 2026: 02/25 (H) Died In CommitteeSponsors: Justin Keen and 1 other

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

State officials are authorized to issue up to $140,000 in through July 1, 2030, to help the City of Olive Branch pay for the Sylvan Lake Outflow Weir Project, starting July 1, 2026.

Why it matters

Creates a dedicated state funding stream capped at $140,000 to assist a local infrastructure initiative managed by the City of Olive Branch.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

City of Olive Branch, Mississippi

Receives bond proceeds to assist in paying costs associated with the Sylvan Lake Outflow Weir Project.

Directly affected

State of Mississippi

Issues general obligation bonds, pledges its full faith and credit, and manages repayment through state agencies.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What is the maximum amount of bonds that can be issued for the project?
The total amount of bonds issued under this section shall not exceed One Hundred Forty Thousand Dollars ($140,000.00).
What happens to unexpended money left in the fund at the end of the fiscal year?
Unexpended amounts remaining in the fund at the end of a fiscal year do not lapse into the State General Fund, and any interest earned is deposited back into the fund.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died in committee.

Procedural history

2 actions
  1. Feb 25, 2026House
    02/25 (H) Died In Committee
  2. Jan 16, 2026HouseCommittee
    01/16 (H) Referred To Ways and Means

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

State Bond Commission, State Treasurer, Justin Keen and 3 more
OrganizationState Bond Commission“Issuing agent for the bonds authorized under this act”Map →
PersonState Treasurer“Maintains the special fund and certifies warrants”Map →
PersonJustin Keen“Representative sponsoring the bill”Map →
locationCity of Olive Branch“Recipient city assisting with the Sylvan Lake Outflow Weir Project”Map →
PersonKimberly Remak“Representative co-sponsoring the bill”Map →
OrganizationDepartment of Finance and Administration“Disburses monies from the special fund and declares necessity for bond issuance”Map →

Sources

Open source document

billstatus.ls.state.ms.us

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 25)
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment2
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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