HB136

Authorizes state bonds for campus improvements at Alcorn, Jackson State, and Mississippi Valley State Universities.

The bill authorizes the issuance of state general obligation bonds to fund repair, renovation, and upgrading of campus buildings, facilities, and infrastructure at Alcorn State University, Jackson State University, and Mississippi Valley State University. The total bond issuance is capped at $60 million, with no bonds issued after July 1, 2030. A special fund, the "2026 Alcorn State University, Jackson State University and Mississippi Valley State University Improvements Fund," is created within the State Treasury to manage the bond proceeds.