Authorizes issuance of state bonds to fund improvements at Bruce High School in Calhoun County, Mississippi.
The bill authorizes the issuance of state general obligation bonds up to $3,400,000 to fund repair, renovation, and upgrades at Bruce High School in Calhoun County, Mississippi. The bonds, exempt from state taxation, mature no later than July 1, 2030. A special fund, the "2026 Bruce High School Improvements Fund," is created to manage the bond proceeds, which are to be used exclusively for the specified school improvements. The State Bond Commission is tasked with issuing and selling the bonds, with proceeds disbursed by the Department of Finance and Administration.
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