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MS HB1663
Bill
Status
4/5/2022
Primary Sponsor
John Lamar
Click for details
AI Summary
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Authorizes $85.57 million in state general obligation bonds for capital improvements at Mississippi's public universities, including $14.68 million for Mississippi State University's College of Architecture, Art and Design, $12 million for a new Jackson State University dining facility, and $11 million for a University of Southern Mississippi science research facility
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Authorizes $35 million in bonds for capital improvements, renovations, and equipment at Mississippi's 15 community and junior colleges, distributed based on a formula with amounts ranging from $1.625 million (Coahoma) to $3.835 million (Hinds)
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Increases bond authorization for various economic development funds, including $10 million more for the Mississippi Business Investment Act (to $407.5 million total), $10 million more for the Mississippi Industry Incentive Financing Revolving Fund (to $514 million total), and $7 million more for the Economic Development Highway Act
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Authorizes new bonds for environmental and infrastructure purposes: $4.49 million for the Water Pollution Control Revolving Fund to match federal Clean Water funds, $2 million increase for the Mississippi Dam Safety Fund, and $4.45 million increase for the Local Governments and Rural Water Systems Improvements Revolving Loan Fund
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Authorizes bonds for various grant programs including $5 million for the Mississippi Community Heritage Preservation Grant Fund, $10 million for the Building Fund for the Arts, $20 million for the ACE Fund, $10 million for the Mississippi Site Development Grant Fund, and $5 million for the Mississippi Main Street Investment Grant Fund
Legislative Description
Bonds; authorize issuance for various purposes.
Last Action
Died In Conference
4/5/2022