House Panel Seeks $184 Million Plus in Bonds

By: The Associated Press
By: The Associated Press

House committee members want the state to borrow more than $184 million, mainly for new buildings at Mississippi's community colleges and public universities.

However, it remains unclear what amount will be agreeable to Lt. Gov. Tate Reeves.

In 2012, the House and Senate couldn't agree how much to borrow, and the state authorized no new borrowing for the first time in at least 15 years.

The House Ways and Means Committee passed bills Tuesday to borrow $120 million for universities, $25 million for community colleges and $3 million for a statewide community college headquarters.

The panel also agreed to borrow $5 million to preserve historic sites and $250,000 to improve the Mississippi Crafts Center in Ridgeland.

Earlier, the House passed a $31 million bond bill for a new medical school building.

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