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 Lt. Gov. Tate Reeves will agree to. 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.