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MS SB3033
Bill
AI Summary
- Authorizes issuance of up to $2,910,000 in state general obligation bonds for 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
- 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
Finance2/10/2026
Full Bill Text
No bill text available