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Bill > HB1941
MS HB1941
MS HB1941Mississippi Outdoor Stewardship Trust Fund; authorize issuance of bonds to provide funds for and revise certain provisions relating to.
summary
Introduced
02/16/2026
02/16/2026
In Committee
03/04/2026
03/04/2026
Crossed Over
02/25/2026
02/25/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds For The Mississippi Outdoor Stewardship Trust Fund; To Amend Section 49-39-7, Mississippi Code Of 1972, In Conformity Thereto And To Increase The Amount Of Monies In The Mississippi Outdoor Stewardship Trust Fund That May Be Used By The Board Of Trustees Of The Mississippi Outdoor Stewardship Trust Fund And The Department Of Finance And Administration To Defray The Board's Expenses In Carrying Out Its Duties Under The Mississippi Outdoor Stewardship Act; And For Related Purposes.
AI Summary
This bill authorizes the issuance of up to $1,000,000 in state general obligation bonds, which are essentially loans backed by the full faith and credit of Mississippi, to fund the Mississippi Outdoor Stewardship Trust Fund. These bonds cannot be issued after July 1, 2030. The bill also amends existing law to allow the Mississippi Outdoor Stewardship Trust Fund to receive funds from any source, not just legislative appropriations, and increases the percentage of funds that the Board of Trustees of the Mississippi Outdoor Stewardship Trust Fund and the Department of Finance and Administration can use to cover their administrative expenses from 2% to 3% of the fund's monies. The Mississippi Outdoor Stewardship Trust Fund provides grants for various outdoor recreation, conservation, and land acquisition projects across the state.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred To Finance (on 03/04/2026)
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/HB1941.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1900-1999/HB1941PS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1900-1999/HB1941IN.htm |
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