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Bill > HB622


MS HB622

MS HB622
Transportation funding; authorize public-private partnerships to include naming rights.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead
02/12/2026

Introduced Session

2026 Regular Session

Bill Summary

An Act To Provide That The Mississippi Department Of Transportation, A Political Subdivision Of The State Or A Municipality Of The State May Form A Public-private Partnership For A Highway, Road, Bridge Or Other Asset Improvement By Which The Department, Political Subdivision Or Municipality May Negotiate For Private Funding Assistance Toward A Highway, Road, Bridge Or Other Asset Improvement In Exchange For Naming Rights Of The Section Of Highway, Road, Bridge Or Other Asset For Which The Private Funding Assistance Was Provided; To Prohibit The Commission From Approving And The Department From Entering Into Any Agreement With An Entity Whose Products Are Illegal For Use By Minors; To Prescribe The Purposes For Which Funds Derived From Such Agreements For Naming Rights May Be Used; To Create A Special Fund In The State Treasury For The Deposit Of Such Funds To Be Retained And Managed By The Department For The Purposes Of This Act; And For Related Purposes.

AI Summary

This bill allows the Mississippi Department of Transportation (MDOT), or any local government entity like a political subdivision or municipality, to enter into public-private partnerships for highway, road, bridge, or other infrastructure improvements. These partnerships would involve a private entity providing funding assistance for a project in exchange for the right to name that specific section of the improved infrastructure. The Mississippi Transportation Commission must approve these agreements, and MDOT will establish rules for their implementation. Importantly, the bill prohibits any agreements with companies whose products are illegal for individuals under 18 years old to use. Funds generated from these naming rights agreements will be deposited into a special state treasury fund managed by MDOT, specifically designated for capital improvements to rest areas, visitor centers, and welcome centers across the state, with any unspent money and earned interest remaining in the fund for future use.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Died On Calendar (on 02/12/2026)

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