MS HB1658

Authorizes issuance of up to $2,000,000 in state general obligation bonds 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 as the "2017 Jackson State University School of Public Health Construction Fund" within the State Treasury to receive bond proceeds and disburse funds for the project.

Grants the State Bond Commission authority to issue bonds, prescribe bond terms, determine sale methods, advertise for bids, and handle all matters related to bond issuance and sale.

Specifies that bonds shall mature within 25 years, may be issued without exceeding interest rate limits, and may be redeemed before maturity at times and terms determined by the commission.

Pledges the full faith and credit of Mississippi to repay principal and interest on the bonds, with any shortfalls to be covered from the State Treasury; bonds must be issued by July 1, 2021, and are exempt from state taxation.