Plain English Breakdown
The exact amount of money allocated and how it will be distributed are not specified in the official source material.
Grant Money for Smaller Cities and Counties
This bill provides an appropriation to the Mississippi Development Authority for grants under a program aimed at small municipalities and limited population counties.
What This Bill Does
- Gives the Mississippi Development Authority money to give out as grants.
- The grants are for small towns and counties with fewer residents.
- The money comes from the State General Fund.
Who It Names or Affects
- Smaller cities and counties in Mississippi.
- The Mississippi Development Authority.
Terms To Know
- Mississippi Development Authority
- An agency that helps with economic development projects in the state of Mississippi.
- Fiscal Year
- A period of one year used for budgeting and financial reporting, starting July 1st and ending June 30th.
Limits and Unknowns
- The bill did not pass during the session.
- It is unclear how much money will be allocated to each town or county.