MS SB3165

Authorizes $20,000,000 in state general obligation bonds for the Mississippi Site Development Grant Fund to support industrial property improvements and infrastructure development.

Authorizes $10,000,000 in state general obligation bonds for the ACE Fund (Accelerating Community Expansion program).

Increases authorization limits for existing economic development programs: $25,000,000 for Mississippi Business Investment Act bonds, $5,000,000 for equipment and facilities grants/loans, and $20,000,000 for port, airport, and rail revitalization loans.

Increases $5,000,000 in bond authorization under the Mississippi Major Economic Impact Act for defense-related facility improvements and extends the Mississippi Industry Incentive Financing Revolving Fund by $20,000,000 until July 1, 2029.

Increases $1,000,000 in authorization for the Economic Development Highway Act to fund high economic benefit projects; all bond proceeds expire July 1, 2029.