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MS HB740
Bill
Status
2/3/2026
Primary Sponsor
Earle Banks
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AI Summary
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Expands the powers of Mississippi's Joint Legislative Committee on Performance Evaluation and Expenditure Review (PEER) to evaluate and monitor all economic development contracts funded fully or partially with tax dollars
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Requires PEER to ensure minority contractor participation in these projects is fair and equitable
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Monitoring scope includes the bid process, contract awarding, pre-request bid requirements, and state bonding requirements that may restrict access to bond providers
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Amends Section 5-3-57 of the Mississippi Code of 1972
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Effective date: July 1, 2026
Legislative Description
PEER; authorize to monitor certain contracts for economic development projects to ensure fair minority contract participation.
Last Action
Died In Committee
2/3/2026