Bonds; authorize issuance for improvements at all Alcorn State University campuses.

HB 916 authorizes Mississippi to issue state general obligation bonds to fund repairs, renovations, and upgrades to campus buildings, facilities, and infrastructure at Alcorn State University's Lorman, Vicksburg, and Natchez campuses. The bonds, backed by Mississippi's full credit, would be sold by the State Bond Commission and repaid using state treasury funds if needed. Proceeds would be deposited into a dedicated special fund for campus improvements. This bill directly affects Alcorn State University's three campuses and their students, faculty, and operations by providing funding for physical infrastructure upgrades.