Authorizes issuance of state bonds for Alcorn State University agricultural facilities upgrades.
The bill authorizes the issuance of state general obligation bonds to fund the repair, renovation, and upgrades of agricultural facilities at Alcorn State University. The proceeds from the bond sales will be deposited into a special fund, the "2026 Alcorn State University Agricultural Facilities Envelope and Infrastructure Fund," to cover these costs. The bonds will be exempt from all state taxes, and the full faith and credit of the State of Mississippi is pledged for their payment. The total amount of bonds issued under this act is capped at $570,000.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.