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Read. Follow. Verify.Mississippi authorizes $2.91 million in general obligation bonds for Alcorn State University housing improvements
Last action · February 25, 2026: 02/25 (S) Died In CommitteeSponsors: Albert Butler and 2 others
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What This Bill Proposed
Mississippi authorizes the issuance of up to $2.91 million in to fund the construction, furnishing, and equipping of new faculty and staff housing at Alcorn State University, effective July 1, 2026.
Alcorn State University gains up to $2.91 million in state-backed financing to build and equip new housing units for its faculty and staff, backed by the full faith and credit of the State of Mississippi.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Alcorn State University faculty and staff
State of Mississippi taxpayers
The full faith and credit of the state is irrevocably pledged to pay the principal and interest on the general obligation bonds.
Bondholders and fiduciaries
The issued bonds serve as legal investments and legal securities for trustees, savings banks, trust companies, and insurance companies.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the total amount of bonds authorized for Alcorn State University housing?
What happens to unexpended money left in the Alcorn State University Housing Fund at the end of a fiscal year?
By what date must the bonds be issued?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died in committee.
Procedural history
2 actions- Feb 25, 2026Senate02/25 (S) Died In Committee
- Feb 10, 2026SenateCommittee02/10 (S) Referred To Finance
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Dedicated Special Treasury Fund Creation
The legislation establishes a self-contained special fund ('2026 Alcorn State University Housing Fund') that prevents unexpended balances from lapsing into the State General Fund.
Connected Entities
Sources
billstatus.ls.state.ms.us
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 35)
- Controversy10Intensity of disagreement among stakeholders
- Entertainment2Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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