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Read. Follow. Verify.Mississippi Legislature authorizes $10.48 million in general obligation bonds for Alcorn State University technology building
Last action · February 25, 2026: 02/25 (S) Died In CommitteeSponsors: Albert Butler and 2 others
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What This Bill Proposed
Senate Bill 3038 authorizes the issuance of up to $10,475,000 in state to fund repairs, renovations, and upgrades for the K.L. Simmons Technology Building at Alcorn State University, with bonding authority expiring July 1, 2030.
Alcorn State University receives up to $10,475,000 in state-backed capital financing for facility improvements, backed by the full faith and credit 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
Receives funding proceeds for the repair, renovation, and upgrades of the K.L. Simmons Technology Building.
State Bond Commission
Acts as issuing agent responsible for selling, prescribing form, and managing the state general obligation bonds.
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 maximum amount of bonds that can be issued under this bill?
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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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Connected Entities
Sources
billstatus.ls.state.ms.us
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 45)
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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