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MS SB3056
Bill
AI Summary
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Appropriates $21,420,879 from the State General Fund and $374,213,496 from the State Treasury to the Mississippi Development Authority for fiscal year 2025 (July 1, 2024 - June 30, 2025).
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Authorizes 158 permanent and 39 time-limited positions for the authority; prohibits using vacancy funds for promotions or salary increases for current employees.
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Establishes performance targets for economic development, community development, and tourism programs, including 1,000 national recruitment contacts, 26 million annual visitors, and $7 billion in travel revenue.
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Allocates specific funds: $4.8 million for tourism advertising, $1 million to Innovate Mississippi, $500,000 to Mississippi Main Street Association, $1 million to Mississippi Museum of Art, and $40 million for site development grants.
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Reappropriates $744,784 from Gulf Coast Restoration Fund and $246,431 from Capital Expense Fund for previous fiscal year projects; requires quarterly reporting on Gulf Coast Restoration Fund projects to the Legislative Budget Office.
Legislative Description
Appropriation; Development Authority, Mississippi.
Last Action
Approved by Governor
5/13/2024