MS SB3041

Authorizes issuance of up to $3,470,000 in state general obligation bonds to fund construction, furnishing, and equipping of a Hydroponics Research and Teaching Greenhouse at Alcorn State University

Creates the "2026 Alcorn State University Hydroponics Research and Teaching Greenhouse Fund" as a special fund within the State Treasury to hold bond proceeds

Bonds may mature up to 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 and qualify as 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