MS SB2408

Amends Mississippi Code sections 37-59-17 and 37-59-105 to require 55% of qualified electors voting to approve issuance of school bonds or certificates of indebtedness, instead of a simple majority.

School boards must determine whether 55% of electors voted in favor of bond issuance; bonds cannot be issued if this threshold is not met.

Bonds approved by vote must be issued within 2 years of the election or within 2 years after final resolution of any related litigation.

A petition signed by at least 20% of qualified electors in a school district can trigger a required election on incurring indebtedness.

Requires submission to the U.S. Attorney General or U.S. District Court for the District of Columbia under the Voting Rights Act of 1965; act becomes effective upon approval under Section 5 of that Act.