Bonds; authorize issuance for improvements to the K.L. Simmons Technology Building at Alcorn State University.

HB 922 authorizes Mississippi to issue general obligation bonds to fund repairs, renovations, and upgrades to the K.L. Simmons Technology Building at Alcorn State University. The bill directly affects Alcorn State University, which will use the bond proceeds for facility improvements, and ultimately impacts state taxpayers through the repayment mechanism. Key provisions include the State Bond Commission handling bond issuance and sale, with the full faith and credit of Mississippi pledged to repay the bonds from state treasury funds if needed. The funds are restricted to the specified building upgrades, with no mention of other uses or program changes.