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

SB 3038 authorizes Mississippi to issue state general obligation bonds to fund repairs, renovations, and upgrades to the K.L. Simmons Technology Building at Alcorn State University. The bill directs bond proceeds to be paid into a dedicated fund for these specific improvements, with the state pledging its full credit for repayment. This directly affects Alcorn State University by providing funding for physical infrastructure upgrades at its campus. The bill is procedural, focusing solely on the bond authorization mechanism without specifying project details or timelines.