MS HB660

Public schools are added as eligible applicants for financial assistance from the Gulf Coast Restoration Fund (GCRF), alongside local governments, nonprofits, institutions of higher learning, community colleges, ports, airports, and private entities

The existing prohibition against financing 100% of any project's cost is waived for public school projects, allowing schools to receive full funding from the GCRF

The Mississippi Development Authority (MDA) administers the fund and reviews applications, with the Legislature determining which projects receive funding through appropriation bills

Eligible projects must demonstrate potential for increased economic activity in the Gulf Coast region, including job creation, private investment, and long-term regional competitiveness

Medical cannabis establishments are explicitly prohibited from receiving any assistance under this program