Bonds; authorize issuance to assist Town of Byhalia with repair and renovation of the Byhalia Old School Commons.

HB 1352 authorizes Mississippi to issue state general obligation bonds to fund repairs, renovations, and upgrades at the Byhalia Old School Commons in the Town of Byhalia. The bill directly affects the Town of Byhalia by providing financial assistance for these specific infrastructure improvements. Key mechanisms include the state pledging its full faith and credit to repay the bonds, with proceeds disbursed solely for the project costs. The bonds are backed by the state treasury and exempt from state taxation, but the bill does not specify the scope of repairs or project timeline.