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MS HB39

Bill

Status

Passed

6/4/2025

Primary Sponsor

Sam Mims

Click for details

Origin

House of Representatives

2025 Extraordinary Session

AI Summary

  • Appropriates $84,693,202.00 from special funds in the State Treasury to the Veterans' Home Purchase Board for fiscal year 2026 (July 1, 2025 - June 30, 2026) to cover operating expenses and new home loans.

  • Allocates $1,528,917.00 specifically for personal services, including $1,363,449.00 for employee salaries and fringe benefits, $165,468.00 for vacancy funding, and authorizes 19 permanent employees.

  • Authorizes the Veterans' Home Purchase Board to escalate and expend up to $10,000,000.00 from any source for making new home loans in accordance with Department of Finance and Administration rules.

  • Requires the agency to maintain complete accounting and personnel records in the same format as fiscal year 2025 and submit Fiscal Year 2027 budget requests with comparable detail.

  • Requires compliance with state expenditure limits, gives preference to Mississippi Industries for the Blind in purchasing decisions, and takes effect July 1, 2025.

Legislative Description

Appropriation; Veterans' Home Purchase Board.

Last Action

Approved by Governor

6/4/2025

Committee Referrals

Appropriations5/29/2025
Appropriations A5/28/2025

Full Bill Text

No bill text available