Capital Expense Fund; FY2027 appropriation to MDA for future nuclear development.

Plain English Breakdown

The exact details of how the money will be used for future nuclear development are not specified beyond covering associated costs.

Capital Expense Fund; FY2027 Appropriation for Nuclear Development

This bill appropriates $10 million from the Capital Expense Fund to the Mississippi Development Authority for future nuclear development costs in fiscal year 2027.

What This Bill Does

• Appropriates $10 million from the Capital Expense Fund to the Mississippi Development Authority.
• The money is intended to cover costs associated with future nuclear development projects.

Who It Names or Affects

• Mississippi Development Authority
• People involved in future nuclear development projects

Terms To Know

Capital Expense Fund

A fund used by the state to pay for major, long-term projects.

Fiscal Year

The period of time (usually a year) that is used for budgeting and financial planning.

Limits and Unknowns

• This bill did not pass in the session it was introduced.
• It only provides funding for fiscal year 2027, which starts July 1, 2026.

Official Summary Text

Capital Expense Fund; FY2027 appropriation to MDA for future nuclear development.

Current Bill Text

S. B. No. 2185 *SS08/R536* ~ OFFICIAL ~ A1/2
26/SS08/R536
PAGE 1 (ens\kr)
ST: Capital Expense Fund; FY2027 appropriation
to MDA for future nuclear development.
To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Carter

SENATE BILL NO. 2185

AN ACT MAKING AN APPROPRIATION TO MISSISSIPPI DEVELOPMENT 1
AUTHORITY FOR THE PURPOSE OF DEFRAYING COSTS ASSOCIATED WITH 2
FUTURE NUCLEAR DEVELOPMENT FOR THE FISCAL YEAR 2027. 3
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 4
SECTION 1. The following sum, or so much of it as may be 5
necessary, is appropriated out of any money in the Capital Expense 6
Fund not otherwise appropriated, to Mississippi Development 7
Authority for the purpose of defraying costs associated with 8
future nuclear development for the fiscal year beginning July 1, 9
2026, and ending June 30, 2027.................... $ 10,000,000.00. 10
SECTION 2. The money appropriated by this act shall be paid 11
by the State Treasurer out of any money in the Capital Expense 12
Fund not otherwise appropriated, upon warrants issued by the State 13
Fiscal Officer; and the State Fiscal Officer shall issue his or 14
her warrants upon requisitions signed by the proper person, 15
officer or officers in the manner provided by law. 16
SECTION 3. This act shall take effect and be in force from 17
and after July 1, 2026. 18