Bill > HB68

This bill provides a $2,000,000 state appropriation to the City of Jackson, specifically to its Department of Planning and Development, to help fund the acquisition, demolition, and/or removal of blighted properties during the fiscal year from July 1, 2025, to June 30, 2026. The funds will come from the State General Fund and will be disbursed by the State Treasurer through warrants issued by the State Fiscal Officer upon proper requisition. Blighted properties typically refer to abandoned, neglected, or deteriorating buildings that negatively impact neighborhood safety, property values, and community well-being. By providing these funds, the state aims to support the city's efforts to remove or rehabilitate such properties, which can help improve urban infrastructure, reduce safety hazards, and potentially stimulate economic development in affected areas. The appropriation will take effect on July 1, 2025, and requires proper documentation and approval processes for fund disbursement.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0068.xml