SB2898 • 2026

Disaster-related funds; transfer monies to.

AN ACT TO DIRECT THE TRANSFER OF $20 MILLION DOLLARS FROM THE CAPITAL EXPENSE FUND TO THE DISASTER ASSISTANCE TRUST FUND; TO DIRECT THE TRANSFER OF $125 MILLION DOLLARS FROM THE CAPITAL EXPENSE FUND TO THE 2026 LOCAL GOVERNMENTS DISASTER RECOVERY EMERGENCY LOAN FUND; AND FOR RELATED PURPOSES.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Harkins, Barnett, Barrett, Berry, Blackmon, Blackwell, Blount, Boyd, Brumfield, Bryan, Butler, Carter, Chassaniol, Chism, DeBar, DeLano, DuPree, England, Fillingane, Frazier, Gillespie Isom, Hartness, Hickman, Hill, Hopson, Jackson, Johnson, Kirby, Ladner, McCaughn, McLendon, McMahan, Michel, Mumford, Norwood, Parks, Pope, Rhodes, Seymour, Simmons (12th), Simmons (13th), Sparks, Suber, Tate, Taylor, Thomas, Thompson, Turner-Ford, Whaley, Wiggins, Williams, Younger
Last action: 2026-04-08
Official status: Law
Effective date: Passage

Plain English Breakdown

The official source does not provide details on how local governments can use the funds or specify which disasters the funds are intended for.

Disaster Relief Fund Transfers

This law moves $20 million from the Capital Expense Fund to the Disaster Assistance Trust Fund and $125 million to the Local Governments Disaster Recovery Emergency Loan Fund.

What This Bill Does

Moves $20 million from the Capital Expense Fund to the Disaster Assistance Trust Fund.
Moves $125 million from the Capital Expense Fund to the 2026 Local Governments Disaster Recovery Emergency Loan Fund.

Who It Names or Affects

The State Treasurer and the State Fiscal Officer, who are responsible for making the money transfers.

Terms To Know

Capital Expense Fund: A fund used by the state to pay for major projects and expenses.
Disaster Assistance Trust Fund: A fund that helps with disaster relief efforts in Mississippi.

Limits and Unknowns

The law does not specify how local governments can use the money from the Disaster Recovery Emergency Loan Fund.
It is unclear what specific disasters this money will be used for.

Bill History

2026-04-08 Mississippi Legislative Bill Status System
04/08 Approved by Governor
2026-04-06 Mississippi Legislative Bill Status System
04/06 (H) Enrolled Bill Signed
2026-04-06 Mississippi Legislative Bill Status System
04/06 (S) Enrolled Bill Signed
2026-03-31 Mississippi Legislative Bill Status System
03/31 (S) Conference Report Adopted
2026-03-30 Mississippi Legislative Bill Status System
03/30 (H) Conference Report Adopted
2026-03-29 Mississippi Legislative Bill Status System
03/29 (H) Conference Report Filed
2026-03-29 Mississippi Legislative Bill Status System
03/29 (S) Conference Report Filed
2026-03-23 Mississippi Legislative Bill Status System
03/23 (H) Conferees Named Read,Deweese,Oliver
2026-03-19 Mississippi Legislative Bill Status System
03/19 (S) Conferees Named Hopson,DeBar,DeLano
2026-03-18 Mississippi Legislative Bill Status System
03/18 (S) Decline to Concur/Invite Conf
2026-03-06 Mississippi Legislative Bill Status System
03/06 (H) Returned For Concurrence
2026-03-05 Mississippi Legislative Bill Status System
03/05 (H) Passed As Amended
2026-03-05 Mississippi Legislative Bill Status System
03/05 (H) Amended
2026-03-03 Mississippi Legislative Bill Status System
03/03 (H) Title Suff Do Pass As Amended
2026-03-03 Mississippi Legislative Bill Status System
03/03 (H) DR - TSDPAA: AC To AP
2026-03-03 Mississippi Legislative Bill Status System
03/03 (H) DR - TSDPAA: AP To AC
2026-02-06 Mississippi Legislative Bill Status System
02/06 (H) Referred To Appropriations A;Accountability, Efficiency, Transparency
2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Transmitted To House
2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Immediate Release
2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Passed
2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Committee Substitute Adopted
2026-02-02 Mississippi Legislative Bill Status System
02/02 (S) Title Suff Do Pass Comm Sub
2026-01-19 Mississippi Legislative Bill Status System
01/19 (S) Referred To Appropriations

Official Summary Text

Disaster-related funds; transfer monies to.

Current Bill Text

Read the full stored bill text

S. B. No. 2898 *SS26/R1074SG* ~ OFFICIAL ~ G1/2
26/SS26/R1074SG
PAGE 1

To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Harkins, Barnett,
Barrett, Berry, Blackmon, Blackwell,
Blount, Boyd, Brumfield, Bryan, Butler,
Carter, Chassaniol, Chism, DeBar,
DeLano, DuPree, England, Fillingane,
Frazier, Gillespie Isom, Hartness,
Hickman, Hill, Hopson, Jackson, Johnson,
Kirby, Ladner, McCaughn, McLendon,
McMahan, Michel, Mumford, Norwood,
Parks, Pope, Rhodes, Seymour, Simmons
(12th), Simmons (13th), Sparks, Suber,
Tate, Taylor, Thomas, Thompson, Turner-
Ford, Whaley, Wiggins, Williams, Younger

SENATE BILL NO. 2898
(As Sent to Governor)

AN ACT TO DIRECT THE TRANSFER OF $20 MILLION DOLLARS FROM THE 1
CAPITAL EXPENSE FUND TO THE DISASTER ASSISTANCE TRUST FUND; TO 2
DIRECT THE TRANSFER OF $125 MILLION DOLLARS FROM THE CAPITAL 3
EXPENSE FUND TO THE 2026 LOCAL GOVERNMENTS DISASTER RECOVERY 4
EMERGENCY LOAN FUND; AND FOR RELATED PURPOSES. 5
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 6
SECTION 1. Upon the effective date of this act, the State 7
Treasurer, in conjunction with the State Fiscal Officer, shall 8
transfer the sum of Twenty Million Dollars ($20,000,000.00) from 9
the Capital Expense Fund (Fund No. 6499C00000) to the Disaster 10
Assistance Trust Fund (Fund No. 3372500000). 11
SECTION 2. Upon the effective date of this act, the State 12
Treasurer, in conjunction with the State Fiscal Officer, shall 13
transfer the sum of One Hundred Twenty-five Million Dollars 14
($125,000,000.00) from the Capital Expense Fund (Fund No. 15
6499C00000) to the 2026 Local Governments Disaster Recovery 16
Emergency Loan Fund created in Section 6 of HB 1646, 2026 Regular 17
Session. 18
S. B. No. 2898 *SS26/R1074SG* ~ OFFICIAL ~
26/SS26/R1074SG
PAGE 2
ST: Disaster-related funds; transfer monies to.
SECTION 3. This act shall take effect and be in force from 19
and after its passage. 20