Senate Bill 2921 Summary

• Authorizes issuance of $8,000,000 in general obligation bonds for repair and renovation of facilities at state institutions of higher learning, with $1,000,000 allocated to each of eight universities.

• Authorizes issuance of $1,000,000 in general obligation bonds for capital improvements at Mississippi community and junior colleges, distributed among 15 colleges.

• Authorizes $1,000,000 each in general obligation bonds for the ACE Fund and the Mississippi Development Authority Workforce Training Fund.

• Increases authorized bond issuance limits under the Mississippi Business Investment Act by $1,000,000 and the Economic Development Highway Act by $1,000,000.

• Increases the Mississippi Major Economic Impact Act bond authorization from $63,000,000 to $64,000,000 for projects designed to enhance facilities at risk of closure under federal military base realignment laws.