Loading chat...
MS HB906
Bill
Status
Failed
2/25/2026
Primary Sponsor
Jeffery Harness
Click for details
AI Summary
- Authorizes issuance of up to $2,910,000 in state general obligation bonds to fund construction, furnishing, and equipping of new faculty and staff housing at Alcorn State University
- Creates the "2026 Alcorn State University Housing 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
- Bonds and income from them are exempt from all Mississippi state taxation and constitute 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
Legislative Description
Bonds; authorize issuance for housing improvements at Alcorn State University.
Last Action
Died In Committee
2/25/2026
Committee Referrals
Ways and Means1/16/2026
Full Bill Text
No bill text available