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Mississippi Legislature authorizes $500,000 in general obligation bonds for road repairs in Clay County

Original title: Bonds; authorize issuance to assist Clay County in repair and overlay of Good Road and Pruitt Road.

Last action · February 25, 2026: 02/25 (S) Died In CommitteeSponsor: Angela Turner-Ford

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Senate Bill 3043 authorizes the State Bond Commission to issue up to $500,000 in to help fund the repair and overlay of Good Road and Pruitt Road in Supervisor District 3 of Clay County, Mississippi. The measure creates a special fund in the State Treasury to manage the proceeds and sets a final issuance deadline of July 1, 2030.

Why it matters

Clay County receives state-backed funding to offset local road improvement expenses without requiring local taxpayers to bear the entire capital cost. The measure commits state debt toward specific infrastructure projects in Supervisor District 3 under the administration of the Department of Finance and Administration.

Background
  • Clay County is located in northeast Mississippi and is governed by a five-member Board of Supervisors. context
  • State general obligation bonds are secured by the full faith and credit of Mississippi, utilizing state taxing power to repay investors. context

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

Clay County Board of Supervisors

Receives disbursed funds from the State Treasury to assist in paying for the repair and overlay of Good Road and Pruitt Road.

Directly affected

State Bond Commission

Acts as issuing agent to sell, advertise, determine methods, and oversee the issuance of general obligation bonds.

Directly affected

State Treasurer

Maintains the special fund, covers any funding deficiencies from unappropriated funds, and certifies warrant necessities.

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 money authorized for the Clay County road projects?
The total amount of bonds issued under this act shall not exceed $500,000.00.
Which specific roads are targeted for repair and overlay?
Good Road and Pruitt Road in Supervisor District 3 of Clay County, Mississippi.
What happens to leftover money in the special fund if projects finish under budget?
Any remaining amounts shall be applied to pay debt service on the bonds issued under this section as directed by the commission.

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, 2026Senate
    02/25 (S) Died In Committee
  2. Feb 10, 2026SenateCommittee
    02/10 (S) Referred To Finance

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

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection95% confidence

Creation of Dedicated Special Treasury Fund

The bill establishes a non-lapsing special fund within the State Treasury specifically for Clay County road repairs, keeping interest earnings tied to debt service.

Connected Entities

Hinds County, State Bond Commission, Clay County and 5 more
locationHinds County“County where bond validation may occur in the Chancery Court of the First Judici”Map →
OrganizationState Bond Commission“Commission authorized to issue general obligation bonds”Map →
locationClay County“County receiving funds for road repair”Map →
otherGood Road“Road in Supervisor District 3 designated for repair and overlay”Map →
otherPruitt Road“Road in Supervisor District 3 designated for repair and overlay”Map →
OrganizationState Treasurer“Treasurer who maintains the special fund and certifies warrant necessities”Map →
PersonAngela Turner-Ford“Senator who introduced Senate Bill 3043”Map →
OrganizationDepartment of Finance and Administration“Department that disburses monies from the special fund and requests warrants”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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