MS HB492

Authorizes issuance of up to $1,200,000 in state general obligation bonds to assist Dynamic Dyslexia Design; The 3-D School and Evaluation Center with construction of a new building and related facilities in Petal, Mississippi

Creates the "2021 Dynamic Dyslexia Design; The 3-D School and Evaluation Center Fund" within the State Treasury to hold and disburse bond proceeds

Bonds must be issued by July 1, 2025, with a maximum maturity of 25 years from date of issue

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

Department of Finance and Administration has discretion over disbursement of funds for the construction project