JACKSON — Lawmakers are advancing a $31-million bond bill to finance a new medical school building at the University of Mississippi Medical Center.
House Bill 787 passed the Ways and Means Committee yesterday. It moves to the full House for more debate. After that, it would go to the Senate.
UMMC officials say the current medical school building is decades old and is inadequate for today’s needs. Gov. Phil Bryant is among the officials supporting construction of an up-to-date building on the Jackson campus.
In 2013, the Legislature approved $4.5 million in bonds to pay for planning and design of the medical school building.
The state issues bonds as long-term financing for construction of new public buildings.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info