MS SB2379

Reenacts sections 7-9-151 through 7-9-159 establishing the Capital Improvements Preplanning Fund as a revolving fund in the State Treasury for preliminary studies and plans on capital projects.

Authorizes the Bureau of Building, Grounds and Real Property Management to expend funds for preliminary studies, plans, appraisals, and property options up to $250,000 per project for projects proposed to the Legislature.

Limits preplanning expenses to 2.5% of estimated project cost for legislatively authorized projects, or $250,000 maximum for proposed projects not yet authorized.

Requires preplanning expenses to be repaid from project appropriations or bond funds back to the Capital Improvements Preplanning Fund once projects are authorized.

Extends the repeal date of these sections from July 1, 2011 to July 1, 2015.