Bonds; authorize issuance to assist Hinds County with acquisition, demolition and removal of blighted properties.

HB 1688 authorizes Mississippi to issue state general obligation bonds to fund the City of Jackson (in Hinds County) for acquiring, removing, and demolishing blighted properties. The bill creates a special fund to cover these cleanup costs, using bond proceeds without requiring additional legislative appropriations. The bonds would be backed by the full faith and credit of the State of Mississippi, with interest payable semiannually. This direct funding mechanism targets property remediation in Jackson’s blighted areas, specifically addressing acquisition, demolition, and removal expenses. The bill died in committee without becoming law.