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MS SB3048
Bill
AI Summary
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Appropriates $22,024,526.00 from the State General Fund and $94,232,101.00 from the State Treasury to the Mississippi Development Authority for fiscal year 2023 (July 1, 2022 - June 30, 2023).
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Authorizes 213 permanent positions and 56 time-limited positions; prohibits salary increases in FY2024 unless new programs or positions are added by the Legislature.
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Sets performance targets across multiple divisions including Global Business (1,000 national recruitment contacts, 15 new businesses), Minority & Small Business Development (8,000 contacts), Tourism (26 million visitors, $6.67 billion in travel revenue), and Community Services ($50 million in grants and loans).
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Allocates specific funds including $4,876,298.00 for Mississippi Tourism Advertising and Promotion, $1,000,000.00 to Innovate Mississippi, $500,000.00 to the Mississippi Main Street Association, and $10,000,000.00 to the Mississippi Ports Improvement Fund.
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Requires notification to state legislators at least 5 days before any public ceremony announcing grants or groundbreaking events in their districts; authorizes the agency to provide operational support to National Park Service facilities during federal government shutdowns.
Legislative Description
Appropriation; Development Authority, Mississippi.
Last Action
Approved by Governor
4/26/2022