Bonds; authorize issuance for construction of a new elementary school for the Okolona Municipal Separate School District.

HB 241 authorizes the state of Mississippi to issue bonds to help fund the construction, equipment, and related facilities (including a playground) for a new elementary school serving the Okolona Municipal Separate School District. The bonds, backed by the state's full credit, will be sold by the State Bond Commission, with proceeds directly transferred to the school district for construction costs. This bill creates a dedicated funding mechanism for the school project without altering the district's existing operations or responsibilities.