HB1840

Mississippi HB1840 authorizes state bonds to fund improvements at the Jackson Police Department Training Academy in Hinds County.

Mississippi HB1840 allows the State Bond Commission to issue up to $250,000 in general obligation bonds to fund upgrades and improvements at the Jackson Police Department Training Academy in Hinds County. The proceeds from these bonds will be deposited into a special fund, the "2026 Hinds County Jackson Police Department Training Academy Fund," which will be used to cover the project costs. The bonds will mature no later than July 1, 2030. The State Treasurer will manage the fund, ensuring that any unexpended amounts at the end of a fiscal year do not lapse into the State General Fund.