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Mississippi authorizes $1 million in general obligation bonds for Old Dancey Road improvements in Webster County

Original title: Bonds; authorize issuance to assist Webster County with improvements to Old Dancey Road.

Last action · February 25, 2026: 02/25 (H) Died In CommitteeSponsor: Perry Bailey

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Official description

AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST WEBSTER COUNTY, MISSISSIPPI, IN PAYING COSTS ASSOCIATED WITH CONSTRUCTION, REPAIRS, UPGRADES, AND IMPROVEMENTS TO OLD DANCEY ROAD; AND FOR RELATED PURPOSES.

Why it matters

Webster County's local road infrastructure receives state-backed financial assistance for specific engineering and paving projects without requiring local tax increases for the bond principal.

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

Webster County

Webster County receives financial assistance for construction, repairs, upgrades, and improvements to a 4-mile segment of Old Dancey Road.

Directly affected

State of Mississippi taxpayers

The full faith and credit of the State of Mississippi is pledged for the payment of the general obligation bonds.

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 under this bill?
The total amount of bonds issued under this section shall not exceed One Million Dollars ($1,000,000.00).
Who manages the special fund created for the road project?
The special fund is maintained by the State Treasurer as a separate and special fund, and monies are disbursed in the discretion of the Department of Finance and Administration.
What happens to unspent money left in the fund after the project is completed?
Any amounts remaining in the special fund after the projects are completed or abandoned shall be applied to pay debt service on the bonds.

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. Feb 17, 2026HouseCommittee
    02/17 (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, Webster County, Chancery Court of the First Judicial District of Hinds County and 2 more
OrganizationState Bond Commission“Acts as issuing agent for the bonds authorized under the act.”Map →
locationWebster County“Recipient of bond proceeds for road improvements to Old Dancey Road.”Map →
locationChancery Court of the First Judicial District of Hinds County“Court where bonds authorized under the act may be validated.”Map →
OrganizationState Treasurer“Maintains the special fund and certifies warrant necessities for bond payments.”Map →
OrganizationDepartment of Finance and Administration“Disburses monies from the special fund and requests warrants for debt service pa”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 35)
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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