Mississippi legislation · 2026 Regular Session
Mississippi HB4098: Bonds; authorize issuance to provide funds for the Mississippi County Sheriffs Radar Speed Detection Equipment Loan Fund.
Status: Failed, February 25, 2026
AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI COUNTY SHERIFFS RADAR SPEED DETECTION EQUIPMENT LOAN FUND CREATED IN THIS ACT; TO CREATE THE "MISSISSIPPI SHERIFFS RADAR SPEED DETECTION EQUIPMENT LOAN FUND" AS A SPECIAL FUND IN THE STATE TREASURY TO BE ADMINISTERED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO ESTABLISH A PROGRAM TO PROVIDE LOANS TO COUNTIES TO USE TO ASSIST COUNTY SHERIFFS DEPARTMENTS WITH THE PURCHASE OF RADAR SPEED DETECTION EQUIPMENT FOR USE BY THE DEPARTMENTS AS AUTHORIZED IN SECTION 63-3-519; TO AMEND SECTION 63-3-519, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE SHERIFF AND HIS OR HER DEPUTIES IN ANY COUNTY TO USE RADAR SPEED DETECTION EQUIPMENT UPON THE PUBLIC STREETS, ROADS AND HIGHWAYS WHERE A WORK ZONE OR SCHOOL ZONE IS DESIGNATED; TO DEFINE THE TERMS "WORK ZONE" AND "SCHOOL ZONE"; AND FOR RELATED PURPOSES.
What the bill says
An act to authorize the issuance of state general obligation bonds to provide funds for the mississippi county sheriffs radar speed detection equipment loan fund created in this act; to create the "mississippi sheriffs radar speed detection equipment loan fund" as a special fund in the state treasury to be administered by the department of finance and administration…
From the introduced text:
AN ACT TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE MISSISSIPPI COUNTY SHERIFFS RADAR SPEED DETECTION EQUIPMENT LOAN FUND CREATED IN THIS ACT; TO CREATE THE "MISSISSIPPI SHERIFFS RADAR SPEED DETECTION EQUIPMENT LOAN FUND" AS A SPECIAL FUND IN THE STATE TREASURY TO BE ADMINISTERED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO ESTABLISH A PROGRAM TO PROVIDE LOANS TO COUNTIES TO USE TO ASSIST COUNTY SHERIFFS DEPARTMENTS WITH THE PURCHASE OF RADAR SPEED DETECTION EQUIPMENT FOR USE BY THE DEPARTMENTS AS AUTHORIZED IN SECTION 63-3-519; TO AMEND SECTION 63-3-519, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE SHERIFF AND HIS OR HER DEPUTIES IN ANY COUNTY TO USE RADAR SPEED DETECTION EQUIPMENT UPON THE PUBLIC STREETS, ROADS AND HIGHWAYS WHERE A WORK ZONE OR SCHOOL ZONE IS DESIGNATED; TO DEFINE THE TERMS "WORK ZONE" AND "SCHOOL ZONE"; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. (1) As used in this section, the following words shall have the meanings ascribed herein unless the context clearly requires otherwise: (a) "Accreted value" of any bonds means, as of any date of computation, an amount equal to the sum of (i) the stated initial value of such bond, plus (ii) the …
Sponsors
- McMillan, Jonathan (R, 58) · primary sponsor
Latest actions
- : Died In Committee
- : Referred To Ways and Means
Subjects: Bonds
Common questions
- What is HB4098?
- HB4098 is a bill in the Mississippi Legislature (2026 Regular Session): Bonds; authorize issuance to provide funds for the Mississippi County Sheriffs Radar Speed Detection Equipment Loan Fund.
- What does HB4098 do?
- In its own words: An act to authorize the issuance of state general obligation bonds to provide funds for the mississippi county sheriffs radar speed detection equipment loan fund created in this act; to create the "mississippi sheriffs radar speed detection equipment loan fund" as a special fund in the state treasury to be administered by the department of finance and administration…
- What is the status of HB4098?
- Failed as of February 25, 2026. Latest action: Died In Committee (February 25, 2026).
- Who sponsored HB4098?
- McMillan, Jonathan (R, 58).
- Where is the official record for HB4098?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB4098.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.