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MS SB2189
Bill
Status
2/4/2026
Primary Sponsor
Briggs Hopson
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AI Summary
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Brings forward six Mississippi Code sections (27-103-125, 27-103-139, 27-103-203, 27-103-211, 27-103-213, and 27-103-303) related to the state budget process for possible amendment during the 2026 legislative session
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Maintains existing requirement that total proposed expenditures from the State General Fund cannot exceed 98% of the general fund revenue estimate for the succeeding fiscal year
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Preserves the Working Cash-Stabilization Reserve Fund structure, which must maintain a balance of up to 10% of total General Fund appropriations and can be used for cash flow needs and covering projected deficits up to $50 million per fiscal year
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Directs the State Treasurer and State Fiscal Officer to transfer $1.00 from the Capital Expense Fund and $1.00 from the Budget Contingency Fund to the General Fund during fiscal year 2027, totaling $2.00
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Takes effect immediately upon passage
Legislative Description
Budget; bring forward code sections related to and provide for transfers.
Last Action
Decline to Concur/Invite Conf
3/12/2026