Bonds; authorize issuance to assist Calhoun County with repairing and paving County Roads 308 and 409.

HB 1978 authorizes Mississippi to issue state bonds to provide funds for Calhoun County to repair and pave County Roads 308 and 409. The bill creates a special fund using bond proceeds, which will be disbursed directly to Calhoun County for these specific road projects. The bonds are general obligations of the state, backed by Mississippi's full credit, meaning the state would repay them if needed using state funds. This legislation provides a dedicated funding source for targeted infrastructure improvements on two county roads without requiring additional local taxes.