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Bill > HB482


MS HB482

MS HB482
Bonds; authorize issuance to assist with establishment of Mississippi Organ Recovery Agency Infectious Disease Testing Lab.


summary

Introduced
01/12/2026
In Committee
01/12/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds To Assist The Mississippi Organ Recovery Agency In Paying Costs Associated With Construction, Repair, Renovation, Furnishing And Equipping Of And Upgrades, Improvements And Additions To The Mississippi Blood Services Building In The City Of Flowood, Mississippi, Necessary To Establish The Mississippi Organ Recovery Agency Infectious Disease Testing Lab At The Building; And For Related Purposes.

AI Summary

This bill authorizes the issuance of up to $4,000,000 in state general obligation bonds to help the Mississippi Organ Recovery Agency (MORA) establish an infectious disease testing lab. The funds will be used for construction, repair, renovation, furnishing, equipping, and upgrades to the Mississippi Blood Services building in Flowood, Mississippi, to house this new lab. The bonds will be managed by the State Bond Commission, with their principal and interest payable from the full faith and credit of the State of Mississippi. Proceeds will be deposited into a special fund called the "2026 MORA Infectious Disease Testing Lab Fund," and any remaining funds after the lab is established will be used to pay off the bonds. The bonds will be issued and sold by the State Bond Commission and will mature within 25 years, with no bonds to be issued after July 1, 2030. This act takes effect on July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred To Ways and Means (on 01/12/2026)

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