Bonds; authorize issuance to assist Washington County with road, school and park projects.

HB 405 authorizes Mississippi to issue state bonds to provide funding for Washington County's road, school, and park projects. The bill creates a mechanism where the state borrows money through bond sales, with the full faith and credit of Mississippi pledged for repayment. Proceeds from the bond sales will be transferred to Washington County to cover costs associated with specific infrastructure projects, as determined by the State Bond Commission. This directly assists Washington County residents and local government by providing financial support for public facilities and transportation improvements.