MS HB1631

Authorizes $5 million in general obligation bonds for the ACE Fund and $5 million for the Mississippi Existing Industry Productivity Loan Fund to support economic development programs

Authorizes $4 million for the Mississippi Job Protection Act Fund, $2 million for the Mississippi Rural Impact Fund, and increases the Mississippi Business Investment Act bond cap from $331.5 million to $346.5 million

Allocates $173.65 million in bonds for capital improvements at state universities, including specific projects at all eight public universities ranging from $1.5 million to $16.5 million per institution, plus $20 million for community and junior colleges

Authorizes $9 million to be distributed equally among the 15 community and junior college districts (designated as Senator Carl J. "Jack" Gordon Funds), $5 million for the Small Municipalities and Limited Population Counties Fund, and $2 million for disaster-related jail repairs

Increases Economic Development Highway Act bond authorization by $40 million (to $397.5 million total) and authorizes $20 million for the Local System Bridge Replacement and Rehabilitation Fund