General Fund; FY2024 to Tunica County for expanding river port.
Impact
The bill, if enacted, will provide Tunica County with the necessary financial resources to expand its river port, which could lead to increased economic opportunities and growth for the area. The expansion is expected to facilitate better logistics and shipping capabilities, making the port a more attractive option for businesses that rely on river transport. This could potentially attract new investments and stimulate local job creation.
Summary
Senate Bill 2901 is designed to make a significant financial appropriation of $3,000,000 from the State General Fund to Tunica County. The primary purpose of this funding is to support the expansion of the port along the Mississippi River at the River Park for the fiscal year 2024. This measure reflects a commitment to enhancing local infrastructure and promoting economic activity in the region by improving port facilities, which are vital for transportation and trade.
Contention
While the summary of the bill does not mention any notable opposition or contention, appropriations of this nature often generate discussions among stakeholders about the best use of state funds. Ensuring that the money is spent effectively and that the project results in tangible benefits to the community will likely be a point of interest for lawmakers and constituents. The lack of specified conditions or oversight in the bill could also raise questions about accountability in the use of the appropriated funds.
To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2023, to June 30, 2024, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2023; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2022, to June 30, 2023, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2022.