Bonds; authorize issuance for Sharkey County and Town of Rolling Fork to assist in paying various disaster recovery costs.

SB 3050 authorizes Mississippi to issue state general obligation bonds to provide financial assistance to Sharkey County and the Town of Rolling Fork for disaster recovery costs. The bill directs the State Bond Commission to issue these bonds, backed by Mississippi's full faith and credit, with proceeds transferred to a special fund for approved recovery projects. If state appropriations fall short, the State Treasurer would cover bond payments from general treasury funds. This legislation directly affects Sharkey County and Rolling Fork by providing state-level funding support for their ongoing disaster recovery efforts.