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MS SB3100
Bill
Status
3/16/2026
Primary Sponsor
Briggs Hopson
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AI Summary
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Appropriates $371,815,318 from the State General Fund for paying maturing bonds, interest, and bank service charges on Mississippi's full faith and credit bonds during Fiscal Year 2027
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Appropriates $51,292,581 from special source funds and bond interest earnings for additional full faith and credit bond debt service payments
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Authorizes expenditure of $41,733,375 from special source funds for paying maturing revenue bonds and interest during Fiscal Year 2027
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Allocates $500,000 of the General Fund appropriation specifically for bank service charges, requiring itemized statements from banks with payment requisitions
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Takes effect July 1, 2026, covering bond payments due through June 30, 2027
Legislative Description
Appropriation; Debt Service-Gen. Obli.
Last Action
Enrolled Bill Signed
3/16/2026