MS HB102

Authorizes issuance of up to $10,000,000 in state general obligation bonds with proceeds deposited into the 2019 Public School Vocational and Technical Education Fund, with no bonds to be issued after July 1, 2023.

Establishes a program within the State Department of Education to distribute allocated funds to eligible school districts for vocational and technical education improvements, including facility expansion, equipment upgrades, instructor training, and hiring additional teachers.

Requires school districts to submit written applications to the State Board of Education that must include the dollar amount requested, detailed description of improvements needed, justification with enrollment documentation, and evidence of program employment success.

Directs the State Board of Education to adopt rules and regulations governing the application process and criteria for determining funding allocations to school districts.

Bonds are general obligations of Mississippi backed by the full faith and credit of the state, exempt from state taxation, mature within 25 years, and may be validated in Hinds County Chancery Court.