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HB 114

Bonds; authorize issuance to assist Bolivar County with the Terrene Landing River Park project.

2025 Regular Session Introduced by Robert Sanders

Mississippi bill authorizes state bonds to fund Terrene Landing River Park in Bolivar County; died in committee without funding the local project.

Died In Committee
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Bill Summary · HB 114

Legislative bill overview

HB 114 authorizes the state of Mississippi to issue bonds to finance the Terrene Landing River Park project in Bolivar County. The bill would allow state-backed debt financing for what appears to be a local infrastructure or recreational development initiative. The measure died in the House Ways and Means Committee on February 26, 2025, after being referred there in January.

Why is this important

State bond issuances represent significant financial commitments that affect public debt and fiscal planning. This project would have required Mississippi taxpayers to ultimately service the debt through state revenues. Local infrastructure projects funded through state bonds raise questions about resource allocation priorities and whether local communities should finance their own development.

Potential points of contention

  • Cost-benefit analysis transparency: Limited public information available about the total bond amount, project scope, or demonstrated community need and economic return on investment
  • Local vs. state responsibility: Questions about whether a county-level recreational park should be financed through state-level debt rather than local funding mechanisms, fees, or private investment
  • Fiscal burden: State bond issuance adds to Mississippi's overall debt obligations and competes with other state funding priorities in education, infrastructure, and social services

Compiled from official sources — confirm details with the bill’s official record.

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