Fairgrounds; authorize Dept. of Archives to acquire city-owned cell tower and provide for construction of new tower located at.

Added authority for the Department of Agriculture and Commerce to lease naming rights to buildings and property for up to 20 years, with proceeds used for fairground improvements and operating costs.

Added authority to establish a private foundation or nonprofit corporation to receive and disburse private funds for supporting the fairgrounds through fundraising efforts.

Added provision that funds from naming rights and fundraising must be deposited in a special fund and subject to legislative appropriation.

Added requirement that the private foundation or nonprofit corporation be subject to annual financial audits by the State Auditor and auditors of donors.

Changed the bill title from 'As Introduced' to 'As Passed the House' and updated formatting throughout the document.

Added new subsections (7) through (10) to Section 2 of the Mississippi Code amendments, covering foundation establishment, special fund management, rule adoption authority, and financial reporting requirements.