SB2934 • 2026

General Fund; FY2027 appropriation to MDA for the Small Municipalities and Limited Population Counties Grant Program.

AN ACT MAKING AN APPROPRIATION TO THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR THE PURPOSE OF DEFRAYING COSTS ASSOCIATED WITH THE SMALL MUNICIPALITIES AND LIMITED POPULATION COUNTIES GRANT PROGRAM FOR THE FISCAL YEAR 2027.

Budget

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: McMahan
Last action: 2026-02-25
Official status: Dead
Effective date: July 1, 20

Plain English Breakdown

The bill did not pass and its details are uncertain as it was stopped in committee.

Grant Money for Smaller Cities and Towns

This bill proposes to give $1 million from the Capital Expense Fund to the Mississippi Development Authority (MDA) to support grants for small municipalities and limited population counties in fiscal year 2027.

What This Bill Does

Proposes an appropriation of money from the Capital Expense Fund to the Mississippi Development Authority (MDA).
The MDA will use this money to cover costs associated with the Small Municipalities and Limited Population Counties Grant Program for fiscal year 2027.

Who It Names or Affects

Smaller cities and towns across Mississippi
Counties with a smaller number of people

Terms To Know

Capital Expense Fund: A fund used by the state to pay for major projects or expenses.
Mississippi Development Authority (MDA): An agency that helps with economic development in Mississippi, including providing grants.

Limits and Unknowns

The bill did not pass and was stopped in committee.
It is unclear how much of the $1 million will be used or if it will be fully utilized.
The exact number of cities or counties that would receive the grant money is unknown.

Bill History

2026-02-25 Mississippi Legislative Bill Status System
02/25 (S) Died In Committee
2026-02-10 Mississippi Legislative Bill Status System
02/10 (S) Referred To Appropriations

Official Summary Text

General Fund; FY2027 appropriation to MDA for the Small Municipalities and Limited Population Counties Grant Program.

Current Bill Text

Read the full stored bill text

S. B. No. 2934 *SS26/R950* ~ OFFICIAL ~ A1/2
26/SS26/R950
PAGE 1 (ens\kr)

To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) McMahan

SENATE BILL NO. 2934

AN ACT MAKING AN APPROPRIATION TO THE MISSISSIPPI DEVELOPMENT 1
AUTHORITY FOR THE PURPOSE OF DEFRAYING COSTS ASSOCIATED WITH THE 2
SMALL MUNICIPALITIES AND LIMITED POPULATION COUNTIES GRANT PROGRAM 3
FOR THE FISCAL YEAR 2027. 4
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 5
SECTION 1. The following sum, or so much of it as may be 6
necessary, is appropriated out of any money in the Capital Expense 7
Fund not otherwise appropriated, to the Mississippi Development 8
Authority for the purpose of defraying costs associated with the 9
Small Municipalities and Limited Population Counties Grant Program 10
authorized in Section 57-1-18 for the fiscal year beginning July 11
1, 2026, and ending June 30, 2027.................. $ 1,000,000.00. 12
SECTION 2. The money appropriated by this act shall be paid 13
by the State Treasurer out of any money in the Capital Expense 14
Fund not otherwise appropriated, upon warrants issued by the State 15
Fiscal Officer; and the State Fiscal Officer shall issue his or 16
her warrants upon requisitions signed by the proper person, 17
officer or officers in the manner provided by law. 18
S. B. No. 2934 *SS26/R950* ~ OFFICIAL ~
26/SS26/R950
PAGE 2 (ens\kr)
ST: General Fund; FY2027 appropriation to MDA
for the Small Municipalities and Limited
Population Counties Grant Program.
SECTION 3. This act shall take effect and be in force from 19
and after July 1, 2026. 20