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MS HB39
Bill
Status
6/4/2025
Primary Sponsor
Sam Mims
Click for details
AI Summary
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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.
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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.
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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.
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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.
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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