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MS HB923

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Jeffery Harness

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $570,000 in state general obligation bonds to fund repair, renovation, and infrastructure upgrades to agricultural facilities at Alcorn State University
  • Creates the "2026 Alcorn State University Agricultural Facilities Envelope and Infrastructure Fund" as a special fund within the State Treasury to hold bond proceeds
  • Bonds may have a maximum maturity of 25 years from date of issue 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
  • No bonds may be issued under this act after July 1, 2030, with an effective date of July 1, 2026

Legislative Description

Bonds; authorize issuance for agricultural facilities infrastructure upgrade 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