Bill to finance new UMMC facility passes in committee
Published: January 29,2014
Tags: bill, education, finance, health care, higher education, hospital, House Bill 787, House Ways and Means Committee, Institution of Higher Learning, legislation, medical, medical building, medicine, Mississippi Legislature, Phil Bryant, state government, State of Mississippi, University of Mississippi Medical Center
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Analyst: KiOR Columbus plant may end up sold as scrap
- Warden who lives hundreds of miles from jail resigns
- Ex-MDEQ leader Fisher joins Butler Snow
- Jail kitchen supervisor pleads guilty to stealing food
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Hunting-weapons legislation passes House
- Nehi Bottling Company has been a Cleveland fixture for 85 years