MS HB368

Authorizes issuance of up to $49,597,000 in state general obligation bonds to fund repair and renovation of five buildings and facilities at Mississippi Valley State University, with no bonds issued after July 1, 2029

Creates the "2026 Mississippi Valley State University Repair and Renovation Fund" as a special fund within the State Treasury, with unexpended amounts and investment earnings retained in the fund rather than lapsing into the General Fund

Allocates funds across five specific projects: Leflore Residence Hall ($12,324,000), Fielding L. Wright Math and Science Building ($11,992,000), Ratcliff Hall ($11,670,000), Charles Lackey Recreation Center ($9,805,000), and College Hall I ($3,806,000)

Bonds mature no later than 25 years from date of issue, are backed by the full faith and credit of the State of Mississippi, and are exempt from all Mississippi state taxation

Introduced by Representative Osborne and referred to the House Ways and Means Committee during the 2026 Regular Session of the Mississippi Legislature