Bonds; authorize issuance to assist Calhoun County with repairing County Roads 418 and 433.

HB 1980 authorizes the state of Mississippi to issue general obligation bonds to provide funds for Calhoun County to repair and resurface County Road 418 and repair and reseal County Road 433. The bill creates a special fund to disburse bond proceeds directly to Calhoun County for these specific road projects. State bonds would be sold to raise capital, with the full faith and credit of Mississippi pledged for repayment to bondholders. This bill directly affects Calhoun County residents by improving two local roads, while Mississippi taxpayers bear the obligation for bond repayment if state funds are insufficient.