MISSISSIPPI LEGISLATURE 2025 Regular Session To: Appropriations E; Appropriations A By: Representative Read House Bill 1126 (As Sent to Governor) AN ACT TO AMEND SECTION 57-119-13, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE MAXIMUM MATCH REQUIREMENT FOR ASSISTANCE PROVIDED TO MUNICIPALITIES AND COUNTIES FROM THE GULF COAST RESTORATION FUND; AND FOR RELATED PURPOSES. SECTION 1. Section 57-119-13, Mississippi Code of 1972, is amended as follows: 57-119-13. (1) Assistance provided under this chapter may not be used to finance one hundred percent (100%) of the cost of any project; however, this limitation shall not apply to projects for public schools, and for municipalities and counties, the match requirement for such assistance shall not exceed the lesser of twenty percent (20%) of the amount of the assistance or the value of one (1) mill on all taxable properties in the county or municipality assessed after exemptions or fee in lieu agreements. (2) Contracts executed by MDA with recipients of assistance under this chapter must include provisions requiring a performance report on the contracted activities, must account for the proper use of funds provided under the contract, and must include provisions for recovery of assistance if the assistance was based upon fraudulent information or the recipient of the assistance is not meeting the performance requirements established by MDA of the assistance. Recipients of assistance under this chapter must regularly report to MDA the status of the project on a schedule determined by MDA. SECTION 2. This act shall take effect and be in force from and after its passage.
MISSISSIPPI LEGISLATURE
2025 Regular Session
To: Appropriations E; Appropriations A
By: Representative Read
# House Bill 1126
## (As Sent to Governor)
AN ACT TO AMEND SECTION 57-119-13, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE MAXIMUM MATCH REQUIREMENT FOR ASSISTANCE PROVIDED TO MUNICIPALITIES AND COUNTIES FROM THE GULF COAST RESTORATION FUND; AND FOR RELATED PURPOSES.
SECTION 1. Section 57-119-13, Mississippi Code of 1972, is amended as follows:
57-119-13. (1) Assistance provided under this chapter may not be used to finance one hundred percent (100%) of the cost of any project; however, this limitation shall not apply to projects for public schools, and for municipalities and counties, the match requirement for such assistance shall not exceed the lesser of twenty percent (20%) of the amount of the assistance or the value of one (1) mill on all taxable properties in the county or municipality assessed after exemptions or fee in lieu agreements.
(2) Contracts executed by MDA with recipients of assistance under this chapter must include provisions requiring a performance report on the contracted activities, must account for the proper use of funds provided under the contract, and must include provisions for recovery of assistance if the assistance was based upon fraudulent information or the recipient of the assistance is not meeting the performance requirements established by MDA of the assistance. Recipients of assistance under this chapter must regularly report to MDA the status of the project on a schedule determined by MDA.
SECTION 2. This act shall take effect and be in force from and after its passage.