MS HB1250

Authorizes issuance of state general obligation bonds up to $2,000,000 to fund construction, furnishing, and equipping of a new building and related facilities for the School of Public Health at Jackson State University.

Bonds may mature up to 25 years from date of issue with interest rates not exceeding limits set in Section 75-17-101, Mississippi Code of 1972.

Creates a special fund designated "2023 Jackson State University School of Public Health Construction Fund" within the State Treasury to receive bond proceeds and manage disbursements.

Bonds are backed by the full faith and credit of the State of Mississippi; any shortfalls in appropriated funds shall be paid by the State Treasurer from available state funds.

Prohibits bond issuance after July 1, 2027, and authorizes the State Bond Commission to manage bond sale, issuance, and delivery procedures.