MS HB1088

Authorizes the State Fiscal Officer to transfer $1,488,628 from the MS Authority for Educational Television Capital Expense Fund to the Capital Equipment Replacement Fund during fiscal year 2024.

Directs transfer of $2,000,000 from the Education Enhancement Fund - MS Authority for Educational Television to the Capital Equipment Replacement Fund in fiscal year 2024.

Transfers $20,000,000 from the General Education EEF Fund to the Educational Facilities Revolving Loan Fund during fiscal year 2023.

Creates 11 new special funds for various state entities including Archives & History, MDHS, Veterans Affairs, Arts Commission, University of Mississippi, Mississippi State University, Mississippi University for Women, Alcorn State University, Jackson State University, and Community College Board, with designated transfers totaling over $230 million from Education Enhancement Funds and other sources in fiscal year 2024.

Amends Section 27-103-127 to require the Department of Transportation's annual budget to include a separate program budget for aeronautics, rails and other activities, and clarifies that "administration and other expenses" may include costs for electric vehicles.