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MS HB1944

MS HB1944
Appropriation; Jackson Redevelopment Authority to assist with infrastructure, public safety and economic development projects.


summary

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

Introduced Session

2025 Regular Session

Bill Summary

An Act Making An Appropriation To The Jackson Redevelopment Authority To Assist In Paying Costs Associated With Certain Projects Relating To Infrastructure Needs, Public Safety And Economic Development In The City Of Jackson For The Fiscal Year 2026.

AI Summary

This bill appropriates $20,550,000 from the State General Fund to the Jackson Redevelopment Authority for fiscal year 2026 to support various urban revitalization and economic development projects in Jackson, Mississippi. The funding is divided into three main categories: revitalization of disinvested areas, safety and security enhancements, and economic development initiatives. Specific projects include providing accessible housing through an Infill Housing Revitalization Program, demolishing the old Atmos building, stabilizing a historic building on Farish Street, upgrading parking structures, improving parking lot safety, creating a loan fund for downtown businesses, and funding predevelopment activities for a Civic Arena and Farish Street redevelopment. The bill stipulates that the State Treasurer will release funds through warrants issued by the State Fiscal Officer, and the appropriation will take effect on July 1, 2025, with the goal of promoting urban renewal, economic growth, and community development in Jackson.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Died In Committee (on 02/26/2025)

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