Bill > HB1646

This bill amends Mississippi law to increase the amount of money that can be transferred from the Working Cash-Stabilization Reserve Fund, a fund used to stabilize state finances, to the Disaster Assistance Trust Fund, which is used to pay for disaster relief efforts. Specifically, the bill raises the maximum amount that can be transferred for a single disaster from $1,000,000 to $2,500,000 and the maximum annual transfer limit from $2,000,000 to $5,000,000. It also updates language to allow transfers from "any other special-source funds maintained in the State Treasury" instead of just the Budget Contingency Fund, and clarifies that these transfers are intended to be repaid to the source funds in subsequent legislative sessions. These changes are intended to ensure sufficient funds are available for disaster response and recovery by updating transfer limits and aligning with current budget standards.

Budget and Finance, Government Affairs

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1646.xml