MS HB1443

Authorizes issuance of state general obligation bonds not to exceed $2,000,000 to fund construction, furnishing, and equipping of a new building and related facilities for the School of Public Health at Jackson State University.

Creates a special fund designated the "2015 Jackson State University School of Public Health Construction Fund" to be maintained separately by the State Treasurer, with unexpended amounts and investment earnings remaining in the fund rather than lapsing.

Grants the State Bond Commission authority to issue, sell, and manage the bonds, with bonds maturing no more than 25 years from issuance and bearing interest rates not exceeding limits in Mississippi Code Section 75-17-101.

Pledges the full faith and credit of the State of Mississippi to guarantee bond repayment, requiring the State Treasurer to issue warrants from state funds if appropriated funds are insufficient to pay principal and interest.

Expires issuance authority on July 1, 2019, and exempts issued bonds and income from state taxation.