School bonds; change threshold for issuance from 3/5 vote of qualified electors to majority vote.

SB 2533 would lower the voter approval threshold for Mississippi school districts to issue bonds from three-fifths (60%) to a simple majority (over 50%) of qualified voters who cast ballots in the election. This change would make it easier for school districts to fund capital projects like building new schools or renovating facilities by requiring fewer votes to approve bond measures. The bill maintains the existing requirement that a petition signed by 20% of qualified electors can trigger a bond election. If an election is held, bonds can only be issued if a majority of participating voters approve them.