Bonds; authorize issuance to assist Yazoo County in paying costs of drainage project.

SB 3022 authorizes Mississippi to issue state general obligation bonds to reimburse Yazoo County for costs related to a specific drainage project. The bill directs the State Bond Commission to sell the bonds, with proceeds transferred to Yazoo County's special fund to cover drainage project expenses. The bonds, backed by Mississippi's full faith and credit, would mature within 25 years and bear interest, with the state guaranteeing repayment if county funds fall short. This bill directly affects Yazoo County's Board of Supervisors by providing state-funded assistance for a local infrastructure project.