Senate Bill 2046 Summary

• Appropriates $22,743,323.00 from the State General Fund and $299,562,573.00 from special funds to the Mississippi Development Authority for fiscal year 2026 (July 1, 2025 - June 30, 2026).

• Authorizes 209 total employee headcount positions (169 permanent, 40 time-limited), including 19 new positions in economic development, graphic design, research, accounting, and applications development.

• Allocates $4,876,298.00 for tourism advertising and promotion, $1,017,000.00 to Innovate Mississippi, and establishes performance targets for economic development contacts, job creation, and visitor attraction.

• Provides funding from specialized state funds for major economic projects including Triple Crown Fund ($25.2 million), Project Poppy Fund ($75.9 million), and Project Atlas Fund ($42.7 million).

• Requires the authority to submit quarterly reports on Gulf Coast Restoration Fund projects and maintain detailed accounting records; appropriates $800,000.00 from the Department of Transportation for state welcome center operations.