AN ACT TO CREATE NEW SECTION 37-101-433, MISSISSIPPI CODE OF 1972, TO AUTHORIZE STATE INSTITUTIONS OF HIGHER LEARNING TO ENTER INTO INCOME SHARE AGREEMENTS WITH ELIGIBLE STUDENTS OF THE INSTITUTIONS; TO REQUIRE THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO ADOPT POLICIES AND BYLAWS FOR THE PROPER ADMINISTRATION OF INCOME SHARE AGREEMENTS; TO DEFINE THE TERM "INCOME SHARE AGREEMENT"; AND FOR RELATED PURPOSES.