Senate Bill 2951 Summary

• Appropriates $21,620,702.00 from the State General Fund and $146,088,496.00 from the State Treasury to the Mississippi Development Authority for fiscal year 2022 (July 1, 2021 - June 30, 2022).

• Authorizes 212 permanent full-time positions, 2 permanent part-time positions, 56 time-limited full-time positions, and 0 time-limited part-time positions for the agency.

• Allocates $52,793,000.00 from the Gulf Coast Restoration Fund for specific regional development projects including Mississippi State University Cyber Center ($13.5 million), University of Southern Mississippi Ocean Enterprise ($4.5 million), and various coastal city and infrastructure projects.

• Provides $4,876,298.00 for Mississippi Tourism Advertising and Promotion, with $299,000.00 designated for Tourism Grant Development Awards, and $800,000.00 from the Department of Transportation for operating state welcome centers.

• Establishes performance targets for the agency including 1,000 national recruitment contacts, 225 qualified national prospects, $45 million in state contracting with minority businesses, and 25 million annual visitors generating $6.8 billion in travel revenue.