MS HB140

Authorizes issuance of up to $10,000,000 in state general obligation bonds to fund repair, renovation, upgrades, and improvements to the Mississippi Delta Community College Law Enforcement Training Academy in Sunflower County

Creates the "2026 Mississippi Delta Community College Law Enforcement Training Academy Fund" as a special fund within the State Treasury to receive and disburse bond proceeds

Bonds may mature up to 25 years from date of issue, with interest payable semiannually or annually, and are backed by the full faith and credit of the State of Mississippi

Bonds and income from them are exempt from all Mississippi state taxation and qualify as legal investments for trustees, fiduciaries, and financial institutions

No bonds may be issued under this act after July 1, 2030, with the act taking effect July 1, 2026