Bonds; authorize issuance for agricultural facilities infrastructure upgrade at Alcorn State University.

SB 3040 authorizes Mississippi to issue state general obligation bonds to fund repairs, upgrades, and improvements to agricultural facilities and infrastructure at Alcorn State University. The bill creates a special fund to receive bond proceeds, which will be used exclusively for these specific facility projects. The State Bond Commission will handle bond issuance, sale, and disbursement of funds under the bill's provisions. This legislation directly affects Alcorn State University's agricultural operations and infrastructure.