Bonds; authorize issuance to assist Town of Sunflower with street improvements.

HB 1783 authorizes the State of Mississippi to issue general obligation bonds to fund citywide street improvements in the Town of Sunflower. The bill directs that money from selling these bonds must be used solely for Sunflower's street projects, with the state's full credit backing the repayment. The bonds, which can mature within 25 years, are payable from state funds if needed, and proceeds cannot be diverted to other purposes. This provides Sunflower a dedicated funding source for infrastructure upgrades without requiring local tax increases.