Bonds; authorize issuance to assist Town of Byhalia with construction of a new police department building and jail.

HB 1359 authorizes Mississippi to issue state bonds to help the Town of Byhalia pay for constructing a new police department building and jail. The bill directs the State Bond Commission to sell these bonds, with repayment backed by the full faith and credit of the Mississippi State Treasury. The funds raised would be transferred to a special account exclusively for covering the construction costs of the specified police and jail facilities in Byhalia. This is a funding mechanism, not a direct appropriation, and the bill explicitly restricts the bond proceeds to this single project.