MS SB2290

Authorizes the State Bond Commission to issue up to $3,600,000 in state general obligation bonds to fund construction, furnishing, and equipping of two career technical buildings at the Greenville Higher Education Center

Creates a special fund designated "2019 Greenville Higher Education Center Career Tech Building Construction Fund" within the State Treasury to receive bond proceeds and disburse funds for the project

Bonds may be issued at any time or in multiple issuances, but no bonds shall be issued after July 1, 2023, with a maximum maturity of 25 years from date of issue

Full faith and credit of the State of Mississippi is pledged to pay bonds; State Treasurer must cover any deficiency from unappropriated state funds if legislative appropriations are insufficient

Bond proceeds are exempt from state taxation; bonds are legal investments for trustees, fiduciaries, banks, and insurance companies in Mississippi