Bonds; create a rural counties and municipalities emergency infrastructure loan program and authorize issuance of bonds.

SB 2812 would create a $10 million loan program to help Mississippi's rural counties (population ≤30,000) and municipalities (population ≤10,000) cover costs for emergency infrastructure repairs, maintenance, construction, and upgrades. The Mississippi Development Authority would administer the program, offering loans up to $250,000 for up to five years, with repayments replenishing the fund to avoid needing new state funding. The state would issue $10 million in general obligation bonds to establish the "Rural Counties and Municipalities Emergency Infrastructure Improvements Fund," which would not expire and would use loan repayments to sustain future support. The bill, which died in committee in February 2025, aimed to provide a sustainable funding solution for small communities facing urgent infrastructure needs.