MS HB203

Authorizes issuance of up to $203,000 in state general obligation bonds to fund repair, renovation, furnishing, equipping, and improvements to the Jackson Public School District's Career Development Center in Jackson, Mississippi

Creates the "2022 Jackson Public School District - Career Development Center Improvements Fund" within the State Treasury as a special fund separate from the General Fund, with unexpended amounts and interest earnings remaining in the fund

Bonds must be issued by July 1, 2026, with a maximum maturity of 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

The Department of Finance and Administration has discretion over disbursement of funds for the project, with the State Bond Commission acting as the issuing agent for the bonds