HBCU Equity Fund; create.

SB 2603 creates a dedicated "HBCU Equity Fund" in Mississippi's state treasury to address documented funding gaps at three public HBCUs: Alcorn State, Jackson State, and Mississippi Valley State University. The fund would supplement existing funding to cover long-neglected repairs, modernize facilities, and support academic programs, research, and student services - specifically targeting per-student operating funding to match non-HBCU universities by 2027. It requires biennial facility assessments by the Board of Trustees, a ten-year capital plan to close disparities, and competitive grants for workforce programs, student retention, and high-demand fields like healthcare and engineering. Funds would come from state appropriations, bonds, federal grants, or private donations, with unspent balances rolling over annually. The bill was introduced but died in committee before becoming law.