AN ACT TO AMEND SECTION 1, CHAPTER 480, LAWS OF 2021, AS AMENDED BY SECTION 32, CHAPTER 549, LAWS OF 2023, TO REDUCE BY $6,400,000.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR ASSISTING MISSISSIPPI STATE UNIVERSITY'S DIVISION OF AGRICULTURE, FORESTRY AND VETERINARY MEDICINE IN PAYING THE COSTS OF REPAIR AND RENOVATION OF, AND UPGRADES AND IMPROVEMENTS TO DORMAN HALL AND RELATED FACILITIES; TO REDUCE BY $4,300,000.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR ASSISTING THE UNIVERSITY OF SOUTHERN MISSISSIPPI IN PAYING THE COSTS OF RENOVATION AND EXPANSION OF AND UPGRADES, IMPROVEMENTS AND ADDITIONS TO HARDY HALL TO HOUSE THE EXECUTIVE EDUCATION CENTER AND RELATED FACILITIES AT THE GULF PARK CAMPUS; TO CREATE THE 2024 IHL CAPITAL PROJECTS FUND IN THE STATE TREASURY TO ASSIST IN PAYING THE COSTS OF IHL PROJECTS FOR WHICH BONDING AUTHORITY IS REDUCED IN THIS ACT, IN THE AMOUNT OF THE REDUCTION FOR EACH PROJECT; TO TRANSFER $10,700,000.00 FROM THE CAPITAL EXPENSE FUND TO THE 2024 IHL CAPITAL PROJECTS FUND; TO AMEND SECTION 2, CHAPTER 480, LAWS OF 2021, TO REDUCE BY $758,372.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR EAST CENTRAL COMMUNITY COLLEGE; TO REMOVE THE $2,070,016.00 AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR EAST MISSISSIPPI COMMUNITY COLLEGE; TO REDUCE BY $2,434,814.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR ITAWAMBA COMMUNITY COLLEGE; TO REMOVE THE $2,052,257.00 AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR NORTHEAST MISSISSIPPI COMMUNITY COLLEGE; TO REMOVE THE $1,714,541.00 AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR SOUTHWEST MISSISSIPPI COMMUNITY COLLEGE; TO CREATE THE 2024 COMMUNITY COLLEGES CAPITAL PROJECTS FUND IN THE STATE TREASURY TO ASSIST IN PAYING THE COSTS OF COMMUNITY COLLEGE CAPITAL PROJECTS FOR WHICH BONDING AUTHORITY IS REDUCED IN THIS ACT IN THE AMOUNT OF THE REDUCTION FOR EACH COMMUNITY COLLEGE; TO TRANSFER $9,030,000.00 FROM THE CAPITAL EXPENSE FUND TO THE 2024 COMMUNITY COLLEGES CAPITAL PROJECTS FUND; TO AMEND SECTION 57-75-15, MISSISSIPPI CODE OF 1972, TO REDUCE BY $60,000,000.00 AND $5,000,000.00 THE AMOUNTS OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR PROJECTS DEFINED IN SUBPARAGRAPHS (XXVIII) AND (XXX), RESPECTIVELY, OF SECTION 57-75-5(F); TO REMOVE THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR PROJECTS DEFINED IN SUBPARAGRAPH (XXVI) OF SECTION 57-75-5(F); TO AMEND SECTION 57-75-25, MISSISSIPPI CODE OF 1972, TO REDUCE BY $50,000,000.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED UNDER THE MISSISSIPPI SMALL ENTERPRISE DEVELOPMENT FINANCE ACT; TO AMEND SECTION 4, CHAPTER 460, LAWS OF 2006, AS LAST AMENDED BY SECTION 10, CHAPTER 511, LAWS OF 2010, TO REDUCE BY $9,280,000.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR THE DEPARTMENT OF MARINE RESOURCES EQUIPMENT AND FACILITIES FUND; TO AMEND SECTION 2, CHAPTER 522, LAWS OF 2011, TO REDUCE BY $3,377.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR THE 2011 MISSISSIPPI CIVIL RIGHTS MUSEUM AND MUSEUM OF MISSISSIPPI HISTORY CONSTRUCTION FUND; TO AMEND CHAPTER 464, LAWS OF 1999, AS LAST AMENDED BY SECTION 44, CHAPTER 472, LAWS OF 2015, TO REDUCE BY $18,627.00 THE AMOUNT OF STATE GENERAL OBLIGATION BONDS AUTHORIZED TO BE ISSUED FOR THE 1999 DEPARTMENT OF WILDLIFE, FISHERIES AND PARKS IMPROVEMENTS FUND; TO REPEAL SECTION 3, CHAPTER 580, LAWS OF 2007, AS AMENDED BY SECTION 11, CHAPTER 431, LAWS OF 2011, WHICH AUTHORIZES THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS IN THE AMOUNT OF $4,000,000.00 FOR THE GRAND GULF ACCESS ROAD CONSTRUCTION FUND, TO BE EXPENDED UNDER THE DIRECTION OF THE MISSISSIPPI TRANSPORTATION COMMISSION; TO AMEND SECTION 10, CHAPTER 567, LAWS OF 2013, AS LAST AMENDED BY SECTION 1, CHAPTER 372, LAWS OF 2022, TO DECREASE THE AMOUNT OF STATE GENERAL BONDS AUTHORIZED TO BE ISSUED FOR THE HINDS COUNTY DEVELOPMENT PROJECT LOAN FUND; TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO MAKE LOANS TO HINDS COUNTY, MISSISSIPPI, TO ASSIST IN PAYING COSTS ASSOCIATED WITH REPAIR AND RENOVATION OF AND UPGRADES AND IMPROVEMENTS TO THE HINDS COUNTY COURTHOUSE IN THE CITY OF JACKSON, MISSISSIPPI; TO PROVIDE THE DEPARTMENT OF FINANCE AND ADMINISTRATION WITH CERTAIN POWERS AND DUTIES REGARDING ANY SUCH LOAN; TO AUTHORIZE THE ISSUANCE OF STATE GENERAL OBLIGATION BONDS TO PROVIDE FUNDS FOR THE LOANS AUTHORIZED BY THIS ACT; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 57-75-15, 57-71-25
Committee Substitute: 57-75-15, 57-71-25
As Passed by the House: 57-75-15, 57-71-25