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MS HB1064
Bill
Status
Failed
3/1/2022
Primary Sponsor
Scott Bounds
Click for details
AI Summary
- Creates the Mississippi Outdoor Stewardship Trust Fund to provide grants and loans to counties, municipalities, state agencies, and nonprofit organizations for conservation projects including state park improvements, wildlife habitat restoration, public water access, and land acquisition for hunting, fishing, and outdoor recreation
- Establishes a 12-member Board of Trustees with 5 ex-officio nonvoting members (State Forester, heads of Soil and Water Conservation, Marine Resources, Wildlife/Fisheries/Parks, and Commissioner of Agriculture) plus 7 voting members appointed by the Governor (3) and Lieutenant Governor (4)
- Funds the trust through dedicated sales tax revenue from sporting goods stores (NAICS Code 451110): $833,333.34/month in FY2023, $1,000,000/month in FY2024, and $1,250,000/month ($15 million annually) thereafter
- Caps unobligated fund balance at $20 million, with excess amounts lapsing to the General Fund; limits administrative expenses to 1% for the board and 3% for the Department of Finance and Administration
- Prioritizes projects that leverage matching funds, promote hunting and fishing, improve water quality, conserve agricultural lands and forests, and prohibits land acquisition through eminent domain
Legislative Description
Mississippi Outdoor Stewardship Trust Fund; create.
Last Action
Died In Committee
3/1/2022
Committee Referrals
Wildlife, Fisheries and Parks2/15/2022
Ways and Means1/17/2022
Full Bill Text
No bill text available