Bonds; authorize issuance to assist City of Itta Bena with road improvements.

This bill authorizes Mississippi to issue state general obligation bonds to provide funds for the City of Itta Bena's road improvement projects. The City of Itta Bena would directly receive these bond proceeds to cover costs associated with upgrading its roads. The bonds are backed by the full faith and credit of the Mississippi state government, meaning the state would cover payments if needed. The bill outlines the process for issuing and selling the bonds through the State Bond Commission.