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MS SB2480

Bill

Status

Failed

3/3/2026

Primary Sponsor

Walter Michel

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Directs the State Fiscal Officer to transfer $265,000,000 from the Capital Expense Fund to the Capacity Project Fund immediately upon the act's passage

  • Funds will support highway capacity projects included in the Mississippi Transportation Commission's Three-Year Plan

  • Makes a minor revision to rename the fund from "2022 Capacity Project Fund" to simply "Capacity Project Fund"

  • The Capacity Project Fund is maintained separately from the General Fund, with unexpended amounts and interest earnings remaining in the fund rather than lapsing

  • Sponsored by 22 senators including Michel, Kirby, Harkins, and others; passed the Senate and referred to Appropriations Committee

Legislative Description

Capacity Project Fund; direct transfer to.

Last Action

Died In Committee

3/3/2026

Committee Referrals

Appropriations A2/6/2026
Appropriations1/19/2026

Full Bill Text

No bill text available