Bill > SB3070

This bill appropriates funds for the Mississippi Development Authority (MDA) for the fiscal year beginning July 1, 2026, and ending June 30, 2027, allocating over $16 million from the State General Fund and over $188 million from other state treasury funds. A significant portion of these funds, totaling over $13 million, is designated for "Personal Services," which includes salaries, wages, and fringe benefits for employees, with specific amounts allocated for "Vacancy Funding" to fill authorized but unfilled positions, emphasizing that these funds are for increasing headcount, not for salary increases for current employees. The bill also outlines performance measures for the MDA, such as targets for economic development contacts, investment contracts, job creation, and tourism inquiries, and requires the MDA to maintain detailed accounting and personnel records comparable to Fiscal Year 2026. Furthermore, it mandates notification to legislators before public ceremonies for grant awards or project groundbreakings within their districts and requires signage to acknowledge legislative funding, while also prioritizing purchases from the Mississippi Industries for the Blind. The bill also authorizes the MDA to escalate up to $10 million from any source for specific purposes and requires notification to the Legislative Budget Office for any general fund transfers out of the "Subsidies" category. Specific allocations include funds for Innovate Mississippi, the Energy High School Academy, the Mississippi Main Street Association, and various projects funded through the Triple Crown Fund, Project Poppy, Project Atlas, the Mississippi Site Development Grant Fund, and the Mississippi Main Street Revitalization Grant Program Fund, as well as reappropriations from the Gulf Coast Restoration Fund and Capital Expense Fund for specific purposes like administrative expenses and air service development. Finally, the MDA is authorized to provide operational support to U.S. National Park Service sites in Mississippi during government shutdowns.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB3070.xml