Bill
Bill > HB58
summary
Introduced
01/10/2025
01/10/2025
In Committee
01/10/2025
01/10/2025
Crossed Over
Passed
Dead
02/04/2025
02/04/2025
Introduced Session
2025 Regular Session
Bill Summary
An Act To Amend Section 27-115-85, Mississippi Code Of 1972, To Revise Distribution Of Lottery Proceeds To The State Highway Fund; To Amend Section 75-76-129, Mississippi Code Of 1972, To Revise Distribution Of Gaming Proceeds To The State Highway Fund; To Delete The Reverter On The Provision Of Law Requiring Certain Fees Collected Under The Mississippi Gaming Control Act As A Result Of Wagers On Sporting Events To Be Deposited Into The State Highway Fund And Used Solely For The Repair And Maintenance Of State Highways And Bridges; To Bring Forward Section 27-115-51, Mississippi Code Of 1972, Which Provides For The Deposit Of Monies Received From Sales Of Lottery Tickets, For Purposes Of Amendment; And For Related Purposes.
AI Summary
This bill modifies how lottery and gaming proceeds are distributed in Mississippi, primarily redirecting these funds to the State Highway Fund. Specifically, the bill removes previous time limitations on lottery proceeds and mandates that all net proceeds from the Mississippi Lottery (previously only until June 30, 2028) will be paid into the State Highway Fund. The bill eliminates a previous provision that transferred lottery funds over $80 million to the Education Enhancement Fund. For gaming proceeds, the bill changes the destination of tax revenues from the State General Fund to the State Highway Fund, with a specific focus on using these funds for highway and bridge construction, repair, and maintenance. The bill prioritizes using these funds to match federal highway infrastructure program funds implemented after September 1, 2018. Additionally, the bill removes a previous "reverter" clause that would have changed the funding distribution after July 1, 2028. The legislation will take effect on July 1, 2025, and represents a significant shift in how Mississippi allocates lottery and gaming revenues, with a clear emphasis on infrastructure funding through the State Highway Fund.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died In Committee (on 02/04/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0058.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2025/html/HB/0001-0099/HB0058IN.htm |
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