MS HB436

Authorizes issuance of up to $300,000 in state general obligation bonds to fund repair, renovation, and restoration of the Rosenwald School in Marshall County, Mississippi

Creates the "2021 Rosenwald School - Marshall County Repair and Renovation Fund" within the State Treasury, with funds disbursed at the discretion of the Department of Finance and Administration

Bonds must be issued before July 1, 2025, and mature within 25 years from the date of issue

Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation

Any remaining funds after project completion or abandonment must be applied to pay debt service on the issued bonds