MS SB2815

Authorizes issuance of up to $2,000,000 in state general obligation bonds to fund construction, repair, renovation, and improvement of buildings, facilities, exhibits, and infrastructure at the Jackson Zoo and Livingston Park in Jackson, Mississippi.

Creates a special "2015 Jackson Zoo/Livingston Park Improvements Fund" within the State Treasury to receive bond proceeds and investment earnings, with funds disbursed by the Department of Finance and Administration for authorized projects.

Grants the State Bond Commission authority to determine bond terms including interest rates (not exceeding statutory limits), maturity dates (up to 25 years), denominations, and sale methods, with all bonds backed by the full faith and credit of the State of Mississippi.

Prohibits bond issuance after July 1, 2019, and allows any remaining funds after project completion to be applied to debt service on the bonds.

Bonds are exempt from Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions.