Bonds; authorize issuance to assist City of Greenville with transportation and sewer/water improvements.

HB 141 authorizes the State of Mississippi to issue general obligation bonds to fund transportation infrastructure and sewer/water system improvements in the City of Greenville. The bill directs proceeds from bond sales into a special fund, which must be used exclusively for these specific city projects. It establishes the State Bond Commission as the issuing agent, sets repayment terms using state funds, and ensures bonds are legal investments exempt from state taxation. This legislation directly affects Greenville's infrastructure planning and Mississippi taxpayers through state bond obligations.