Mississippi 2025 1st Special Session

Mississippi Senate Bill SB2046

Introduced

5/28/25

Refer

5/28/25

Engrossed

5/28/25

Refer

5/28/25

Enrolled

6/2/25

Vetoed

6/17/25

Caption

Appropriation; Development Authority, Mississippi.

Impact

The passage of SB2046 directly impacts the budgetary framework for the MDA, allowing for significant investment in statewide economic development projects. The legislation emphasizes support for diverse initiatives, such as tourism advertising, grant programs for local businesses, and various infrastructure and community assistance projects. By ensuring these funds are available, the bill is expected to generate jobs and stimulate local economies, contributing to broader economic resilience in Mississippi.

Summary

Senate Bill 2046 appropriates funding to support the Mississippi Development Authority (MDA) for the fiscal year 2026, facilitating various programs aimed at economic development and tourism. The bill outlines the allocation of over $299 million to defray operational expenses, which include funding for personnel services and specific initiatives like the Mississippi Site Development Grant Fund and the Main Street Revitalization Grant Program. This financial support aims to bolster local economies, enhance job creation, and promote tourism throughout the state.

Sentiment

The sentiment surrounding SB2046 is predominantly positive, with lawmakers emphasizing the necessity of these funds to foster economic growth and enhance state resources. Supporters argue that by investing in the MDA and its programs, Mississippi can improve its attractiveness for business investments and tourism, ultimately leading to a stronger economy. However, there are discussions about the effectiveness of spending and the need for accountability in fund allocation, which has sparked some debate among legislators.

Contention

While SB2046 is largely viewed as a pro-economic development measure, there are concerns regarding oversight and the proper use of allocated funds. Some legislators have expressed skepticism about ensuring that these investments yield tangible benefits for Mississippi residents. Additionally, discussions on whether the existing administrative framework of the MDA can effectively manage these funds without inefficiencies or misuse have surfaced, indicating an ongoing dialogue about governance and accountability in state funding processes.

Latest MS SB2046 Activity

View All Events: MS 2025 1st Special Session SB2046

Companion Bills

No companion bills found.

Previously Filed As

MS SB3051

Appropriation; Development Authority, Mississippi.

MS SB2103

General Fund; FY2026 appropriation to the Mississippi Development Authority for the Mississippi Golf Trail Project.

MS SB3052

Appropriation; Gulf Coast Restoration Funds to the Mississippi Development Authority.

MS SB3165

Bonds; authorize issuance for various Mississippi Development Authority programs.

MS HB523

Appropriation; reappropriate funds to Mississippi Development Authority for MS Main Street Revitalization Grant Program projects.

MS SB3010

Appropriation; IHL - University of Mississippi Medical Center.

MS HB1085

Mississippi Main Street; authorize counties to donate to and make MDAH administrator of Main Street Revitalization Grant.

MS HB1728

Appropriation; Port Authority, State.

MS SB3006

Appropriation; IHL - Mississippi State University - Cooperative Extension Service.

MS HB1769

Appropriation; Educational Television, Authority for.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

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, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

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, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.