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MS SB2852

Bill

Status

Failed

2/3/2026

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Establishes the West Central Mississippi Incubator Grant Program under the Mississippi Development Authority to grow new businesses and micro-enterprises in West Central Mississippi

  • Creates a collaborative partnership involving the Department of Finance and Administration's Office of Surplus Property, county boards of supervisors, economic development authorities, and planning districts across six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo

  • Provides business incubator services including shared office space, utilities, equipment, reduced rents, technical and business personnel access, building security, janitorial services, and management assistance

  • Authorizes establishment of one incubator facility in each of the six participating counties, with locations determined by the Mississippi Development Authority in consultation with partner entities

  • Takes effect July 1, 2026, with the Mississippi Development Authority authorized to enter contracts and receive funds from public and private sources for program operation

Legislative Description

West Central Mississippi Incubator Grant Program; establish with county governments, DFA and local development districts.

Last Action

Died In Committee

2/3/2026

Committee Referrals

Finance1/19/2026

Full Bill Text

No bill text available