summary
Introduced
02/16/2026
02/16/2026
In Committee
02/16/2026
02/16/2026
Crossed Over
02/19/2026
02/19/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act Making An Appropriation From Special Funds In The State Treasury For The Purpose Of Defraying The Expenses Of The Veterans' Home Purchase Board And Making New Home Loans As Authorized By Law For The Fiscal Year 2027.
AI Summary
This bill appropriates $84,594,361.00 from special funds in the State Treasury to the Veterans' Home Purchase Board for the fiscal year beginning July 1, 2026, and ending June 30, 2027, to cover operational expenses and to provide new home loans to veterans as permitted by law. A portion of these funds, specifically $1,430,076.00, is designated for "Personal Services," which includes employee salaries, wages, and fringe benefits, with $143,008.00 allocated for "Vacancy Funding" to fill authorized but unfilled positions. The bill also mandates that the Veterans' Home Purchase Board maintain detailed accounting and personnel records, submit future budget requests in a comparable format, and give preference to the Mississippi Industries for the Blind when purchasing commodities or equipment. Furthermore, the Board is authorized to escalate and expend up to $10,000,000.00 from any source for additional home loans, consistent with federal fund escalation practices, and all expenditures must comply with state law to prevent incurring debt beyond the appropriated amount.
Committee Categories
Budget and Finance
Sponsors (9)
Manly Barton (R)*,
Angela Cockerham (I)*,
John Faulkner (D)*,
Joey Hood (R)*,
Jay McKnight (R)*,
Sam Mims (R)*,
John Read (R)*,
Randy Rushing (R)*,
Percy Watson (D)*,
Last Action
Transmitted To Senate (on 02/20/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1932.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1900-1999/HB1932PS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1900-1999/HB1932IN.htm |
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