Authorizes issuance of state bonds to fund repair and renovation of Rosenwald School in Marshall County, Mississippi.
This bill authorizes the issuance of state general obligation bonds to provide funds for the repair, renovation, and restoration of the Rosenwald School in Marshall County, Mississippi. The proceeds from the bond sales will be deposited into a special fund, the "2026 Rosenwald School - Marshall County Repair and Renovation Fund," to cover project costs. The bonds will be exempt from state taxation, and the State Treasurer will ensure timely payment of bond principal and interest. The total bond issuance is capped at $500,000, with no bonds to be issued after July 1, 2030.
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