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MS SB2780
Bill
AI Summary
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Transfers $237 million from the Capital Expense Fund to various funds including $100 million for Emergency Road and Bridge Fund, $45 million for highway maintenance projects, $40 million for federal infrastructure matching funds, $35 million for capacity projects, and $10 million for Mississippi Ports Improvement
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Creates the Coronavirus State Fiscal Recovery Lost Revenue Fund with $55 million and allocates $10 million to the Mississippi Association of Independent Colleges and Universities Grant Program from federal ARPA funds
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Establishes the Independent Schools Infrastructure Grant Program allowing private schools (MAIS members or accredited non-public schools) to apply for up to $100,000 in reimbursable grants for water, wastewater, broadband, and ventilation projects using federal ARPA funds
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Transfers $10 million from the State General Fund to the Mississippi Outdoor Stewardship Trust Fund and $2 million to the Rural Fire Truck Matching Assistance Fund
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Amends the Mississippi Main Street Investment Grant program eligibility from only Senatobia to any municipality with population under 15,000, allowing grants for revitalization zone improvements
Legislative Description
Budget; provide for various transfers, create several special funds, and create Independent Schools Infrastructure Grant Program.
Last Action
Approved by Governor
4/19/2022