MS HB1227

Creates the "Community Corrections Performance Incentive Act" to reduce crimes by probationers and revocations to prison by linking funding to performance improvements in community corrections.

Directs the Office of the Attorney General to annually calculate avoided state expenditures based on reductions in probationer revocation rates (baseline: fiscal year 2010) and new felony conviction rates (baseline: fiscal year 2011).

Appropriates up to 45% of avoided incarceration costs to the Department of Corrections beginning in fiscal year 2014, with at least 30% of savings from each category (revocations and new offenses) going to the state.

Provides additional incentive bonuses (up to 5% each) for increases in employment rates, victim restitution payments, and decreases in drug testing positive rates among supervised individuals.

Requires appropriated funds to be used for evidence-based practices, risk reduction programs including substance abuse treatment, and grants to victim services organizations; takes effect July 1, 2012.