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MS HB523

MS HB523
Appropriation; reappropriate funds to Mississippi Development Authority for MS Main Street Revitalization Grant Program projects.


summary

Introduced
01/10/2025
In Committee
01/10/2025
Crossed Over
Passed
Dead
02/26/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act Making A Reappropriation To The Mississippi Development Authority For The Purpose Of Making Grants Under The Mississippi Main Street Revitalization Grant Program To Certain Main Street Designated Communities For Certain Projects For The Fiscal Year 2026.

AI Summary

This bill reappropriates $6,972,000 from the Mississippi Main Street Revitalization Grant Program Fund to the Mississippi Development Authority for fiscal year 2026, specifically to provide targeted grants to 19 different Main Street Designated Communities across Mississippi. The grants range from $120,000 to $500,000 and are intended to fund various local revitalization and improvement projects, such as downtown district restoration, streetscape improvements, historic building renovations, public art installations, and infrastructure upgrades. Each community will receive funds for a specific project, including efforts in cities like Amory, Biloxi, Booneville, Cleveland, Columbus, and others. The bill specifies that the State Treasurer will distribute the funds upon warrants issued by the State Fiscal Officer, and the appropriation will become effective on July 1, 2025. These grants are part of a broader program (established under Mississippi Code Sections 57-78-1 through 57-78-5) aimed at supporting and revitalizing local downtown areas and Main Street communities.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Died In Committee (on 02/26/2025)

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