Mississippi 2025 Regular Session

Mississippi Senate Bill SB2840

Introduced
1/20/25  
Refer
1/20/25  
Engrossed
2/5/25  
Refer
2/14/25  
Enrolled
4/7/25  

Caption

State Budget process; revise provisions related to and transfer certain funds.

Impact

The bill also revises specific appropriations to the State Department of Education for the continuation of the school safety platform, indicating a commitment to enhancing safety measures in schools. Additionally, it creates the Mississippi Veteran's Home Improvement Fund, which is intended to finance improvements for veterans' housing, showcasing a recognition of the needs of this demographic. Furthermore, it establishes the DBCF Civil Money Penalty Fund, intended to support consumer finance oversight—an essential step in enhancing regulatory compliance in the financial sector.

Summary

Senate Bill 2840 focuses on amending and revising sections related to various funds managed by the State Treasurer in Mississippi, improving the state budget process. A key amendment directs the disbursement of the Mississippi State University Veterinary School Fund by the Board of Trustees of State Institutions of Higher Learning instead of the Department of Finance and Administration. This change aims to streamline operations and provide a dedicated oversight mechanism for the funds allocated to higher education and veterinary programs.

Sentiment

The sentiment surrounding SB 2840 appeared generally positive, reflecting a consensus among legislators on the importance of investing in education, veterans, and consumer protection. Supporters of the bill viewed these amendments as critical to modernizing the state’s management of various funds and improving the welfare of Mississippi citizens through targeted investments.

Contention

While the bill has garnered broad support, some points of contention may arise around the management of the newly established funds and ongoing oversight. Critiques in legislative discussions pointed toward concerns about ensuring that the funds are utilized effectively and the importance of maintaining transparency and accountability as these funds are managed. Some members emphasized the need for stringent regulations to prevent misuse of the funds and to ensure they serve the intended purpose.

Companion Bills

No companion bills found.

Previously Filed As

MS SB2468

Budget process; bring forward certain sections relating to and provide for transfers of funds.

MS SB2454

Budget; revise provisions related to and provide for transfers.

MS HB603

Budget; provide for various transfers of funds, and create various special funds.

MS HB1089

State budget; revise provisions of several FY 23 funds and authorize reimbursement of certain costs of MDA.

MS SB2846

Appropriations; make technical revisions to certain transfers and provisions related to local projects.

MS SB2825

Appropriations; revise certain FY2024 appropriations, fund authority and transfers.

MS HB1088

State budget; provide for various transfers and create new special funds.

MS HB1704

Appropriations; revise certain FY 2024 appropriations and direct transfers.

MS SB2848

ARPA programs; revise related programs, provide procedure of unobligated funds, and transfer certain funds.

MS SB2446

Appropriations; revise certain transfers, fund authority, and FY2023 appropriations.

Similar Bills

MS SB2049

State Budget process; revise provisions related to and transfer certain funds.

MS HB1128

Special funds; correct reference to fund number, change disbursing agency and provide transfers into certain.

MS HB1705

Budget; provide for various transfers of funds, and create various special funds in the treasury.

MS SB2146

State budget; bring forward code sections related to and provide for transfers.

MS SB2468

Budget process; bring forward certain sections relating to and provide for transfers of funds.

MS HB1165

Mississippi Small Business Assistance Revolving Loan Program; establish.

MS SB2825

Appropriations; revise certain FY2024 appropriations, fund authority and transfers.

MS SB2525

Small business lending program; create.