Bonds; authorize issuance for improvements to the David L. Whitney (HPER) Arena Complex and Wellness Center at Alcorn State University.

This bill authorizes the State of Mississippi to issue general obligation bonds to fund repairs, renovations, expansions, and upgrades to the David L. Whitney (HPER) Arena Complex and Wellness Center at Alcorn State University. The State Bond Commission will manage the bond issuance process, including determining sale methods, setting interest rates within legal limits, and ensuring the bonds mature within 25 years. Funds raised from the bond sales will be placed in a special fund and used exclusively for the specified construction and improvement projects at the university facilities.