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MS SB2189

Bill

Status

Engrossed

2/4/2026

Primary Sponsor

Briggs Hopson

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Appropriations A2/6/2026
Appropriations1/13/2026

Full Bill Text

No bill text available