Bonds; authorize issuance to assist Noxubee County with development of a 100-acre multi-industrial site.

HB 303 authorizes Mississippi to issue state general obligation bonds to assist Noxubee County in developing a 100-acre multi-industrial site. The funds would cover specific development costs including site preparation, utility installation, access road construction, and environmental compliance. The state guarantees repayment through its general funds if needed, with bond proceeds restricted solely to this project. This bill directly affects Noxubee County’s economic development plans by providing state-backed financing for infrastructure.