Mississippi legislation · 2026 Regular Session
Mississippi HB959: Bonds; authorize issuance to assist Petal School District with improvements to Herrington Road.
Status: Failed, February 25, 2026
AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST THE PETAL SCHOOL DISTRICT IN PAYING COSTS ASSOCIATED WITH CONSTRUCTION AND IMPROVEMENTS TO AND WIDENING OF HERRINGTON ROAD NEAR THE SITE OF THE PROPOSED NEW PETAL ELEMENTARY SCHOOL IN THE CITY OF PETAL; AND FOR RELATED PURPOSES.
What the bill says
An act to authorize the issuance of state general obligation bonds to provide funds to assist the petal school district in paying costs associated with construction and improvements to and widening of herrington road near the site of the proposed new petal elementary school in the city of petal; and for related purposes.
From the introduced text:
AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS TO ASSIST THE PETAL SCHOOL DISTRICT IN PAYING COSTS ASSOCIATED WITH CONSTRUCTION AND IMPROVEMENTS TO AND WIDENING OF HERRINGTON ROAD NEAR THE SITE OF THE PROPOSED NEW PETAL ELEMENTARY SCHOOL IN THE CITY OF PETAL; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. (1) As used in this act, the following words shall have the meanings ascribed herein unless the context clearly requires otherwise: (a) "State" means the State of Mississippi. (b) "Commission" means the State Bond Commission. (2) The principal of and interest on the bonds authorized under this act shall be payable in the manner provided in this subsection. Such bonds shall bear such date or dates, be in such denomination or denominations, bear interest at such rate or rates (not to exceed the limits set forth in Section 75-17-101, Mississippi Code of 1972), be payable at such place or places within or without the State of Mississippi, shall mature absolutely at such time or times not to exceed twenty-five (25) *HR31/R683* H. B. No. 959 ~ OFFICIAL ~ R3/5 26/HR31/R683 PAGE 1 (BS\JAB) years from date of issue, be redeemable before maturity at such time or times and upon such terms, with or without …
Sponsors
- Byrd, Larry (R, 104) · primary sponsor
Latest actions
- : Died In Committee
- : Referred To Ways and Means
Subjects: Bonds
Common questions
- What is HB959?
- HB959 is a bill in the Mississippi Legislature (2026 Regular Session): Bonds; authorize issuance to assist Petal School District with improvements to Herrington Road.
- What does HB959 do?
- In its own words: An act to authorize the issuance of state general obligation bonds to provide funds to assist the petal school district in paying costs associated with construction and improvements to and widening of herrington road near the site of the proposed new petal elementary school in the city of petal; and for related purposes.
- What is the status of HB959?
- Failed as of February 25, 2026. Latest action: Died In Committee (February 25, 2026).
- Who sponsored HB959?
- Byrd, Larry (R, 104).
- Where is the official record for HB959?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0959.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.