MS SB3032

Authorizes issuance of up to $5,500,000 in state general obligation bonds to fund repairs, renovations, upgrades, and improvements to campus buildings, facilities, and infrastructure at Alcorn State University

Covers three Alcorn State University campuses: Lorman, Vicksburg, and Natchez

Creates the "2026 Alcorn State University Improvements Fund" as a special fund within the State Treasury to receive and disburse bond proceeds

Bonds may have a maximum maturity of 25 years and must be issued before July 1, 2030

Bonds are backed by the full faith and credit of the State of Mississippi and are exempt from all state taxation