MS HB1571

Authorizes issuance of up to $10 million in state general obligation bonds to fund construction, furnishing, and equipping of a new building for the Center for Manufacturing Technology Excellence at East Mississippi Community College Golden Triangle Campus in Lowndes County

Creates the "2015 Center for Manufacturing Technology Excellence Improvements Fund" in the State Treasury to receive and disburse bond proceeds

Requires proof of at least $10 million in matching funds from private, local, and/or federal sources before any bonds can be issued

Bonds must be issued before July 1, 2019, with a maximum maturity of 25 years from date of issue

Bonds and income from them are exempt from all Mississippi state taxation and constitute general obligations backed by the full faith and credit of the state