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MS SB3047

Bill

Status

Failed

2/25/2026

Primary Sponsor

Joseph Thomas

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Authorizes issuance of up to $540,000 in state general obligation bonds to fund the West Central Mississippi Incubator Grant Program
  • Program covers six counties: Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo Counties
  • Creates the "2026 West Central Mississippi Incubator Grant Program Fund" as a special fund within the State Treasury, with unexpended amounts carrying over between fiscal years
  • Bonds may have a maximum maturity of 25 years from date of issue and are backed by the full faith and credit of the State of Mississippi
  • No bonds may be issued under this act after July 1, 2030

Legislative Description

Bonds; authorize issuance of general obligation bonds for West Central Mississippi Incubator Grant Program.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Finance2/10/2026

Full Bill Text

No bill text available