Bonds; authorize issuance to assist Coahoma County with Town of Jonestown water and sewer project.

HB 476 authorizes Mississippi to issue state general obligation bonds to provide funding for Coahoma County’s Town of Jonestown water and sewer system improvements. The bill directs bond proceeds to cover costs associated with the Town of Jonestown’s 2025 water and sewer project, directly assisting this specific community. The state would borrow the funds through the State Bond Commission, with repayment backed by Mississippi’s full credit. This is a direct funding mechanism for infrastructure upgrades, not a policy change affecting broader legislation.