Gov. Haley Barbour has signed a bill that will dissolve the Mississippi Veterans Memorial Stadium Commission and give control of the facility to the Department of Finance and Administration and Jackson State University.
Senate Bill 2745 abolishes the commission July 1, 2008.
The stadium is home to Jackson State University football games and high school state championships. The university’s $32 million request for a stadium on its west Jackson campus this year failed.
The new law reads: The Department of Finance and Administration shall grant 210 Jackson State University the right to hold any of its sports, 211 ceremonial and concert events at the Mississippi Veterans Memorial 212 Stadium without any rental payment, and shall allow the proper 213 signage designating the stadium as the home stadium of Jackson 214 State University. All profits realized by the Department of 215 Finance and Administration after paying all expenses and costs, 216 including management fees, from any event held on stadium property 217 shall be deposited to the credit of a special fund and authorized 218 for expenditure by the Board of Trustees of State Institutions of 219 Higher Learning exclusively for Jackson State University.