MS SB2190

Increases the minimum balance requirement for Mississippi's Working Cash-Stabilization Reserve Fund from 10% to 15% of total General Fund appropriations for the current fiscal year

Raises the limit on diversions from the unencumbered General Fund balance to the Working Cash-Stabilization Reserve Fund from 10% to 15% of General Fund appropriations

Removes outdated provisions related to the Ayers Settlement Fund and Ayers Endowment Trust, including references to specific dollar amounts ($15 million, $55 million, $70 million) previously allocated for those purposes

Maintains existing uses of the fund for state cash flow needs, covering projected General Fund deficits (up to $50 million per fiscal year), and providing emergency transfers to the Disaster Assistance Trust Fund

Takes effect July 1, 2026