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MS SB2480

MS SB2480
Capacity Project Fund; direct transfer to.


summary

Introduced
01/19/2026
In Committee
02/06/2026
Crossed Over
02/04/2026
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Session

Bill Summary

An Act To Direct The State Fiscal Officer To Transfer $265,000,000.00 From The Capital Expense Fund To The Capacity Project Fund Upon The Effective Date Of This Act; To Amend Section 65-1-141.2, Mississippi Code Of 1972, To Make A Minor, Nonsubstantive Revision; And For Related Purposes.

AI Summary

This bill directs the State Fiscal Officer to move $265 million from the Capital Expense Fund to the Capacity Project Fund, which is a special fund managed by the State Treasurer for the Department of Transportation to fund projects that increase transportation capacity as outlined in the Three-Year Plan. The bill also makes a minor, non-substantive change to the existing law by removing the year "2022" from the name of the Capacity Project Fund, clarifying that it is a standing fund for future capacity projects. The bill will become effective immediately upon its passage.

Committee Categories

Budget and Finance

Sponsors (22)

Last Action

Referred To Appropriations A;Accountability, Efficiency, Transparency (on 02/06/2026)

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