Bonds; authorize issuance to assist Claiborne County with lagoon project.

HB 1647 authorizes Mississippi to issue state bonds to fund repairs, upgrades, and improvements to Claiborne County’s wastewater lagoon serving the Hermanville area. The bill directs bond proceeds specifically to cover county costs for this infrastructure project, with the state pledging full credit for repayment. Claiborne County and residents in Hermanville directly benefit from the improved wastewater system. The state would manage bond issuance and repayment through the State Bond Commission, with no new taxes required for the project.