SB2935 • 2026

General Fund; FY2027 appropriation to MS Home Corporation for the Small Municipalities and Limited Population Counties Program.

AN ACT MAKING AN APPROPRIATION TO THE MISSISSIPPI HOME CORPORATION 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, so there is uncertainty about its implementation and impact.

Money for Small Towns and Rural Areas

This bill proposes to give $1 million from the state's money to the Mississippi Home Corporation to help small towns and rural counties with their grant program in fiscal year 2027.

What This Bill Does

Gives $1,000,000 from the state's General Fund to the Mississippi Home Corporation.
The money is for helping small municipalities and limited population counties with their grant program costs.

Who It Names or Affects

Mississippi Home Corporation
Small municipalities (towns) in Mississippi
Limited population counties in Mississippi

Terms To Know

Grant Program: A program where money is given to help towns and rural areas.

Limits and Unknowns

The bill did not pass, so it will not give money as planned.
It only gives money for one year (2027 fiscal year).

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 MS Home Corporation for the Small Municipalities and Limited Population Counties Program.

Current Bill Text

Read the full stored bill text

S. B. No. 2935 *SS26/R949* ~ OFFICIAL ~ A1/2
26/SS26/R949
PAGE 1 (ens\kr)

To: Appropriations
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) McMahan

SENATE BILL NO. 2935

AN ACT MAKING AN APPROPRIATION TO THE MISSISSIPPI HOME 1
CORPORATION 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 Home 8
Corporation for the purpose of defraying costs associated with the 9
Small Municipalities and Limited Population Counties Grant Program 10
under Sections 21-49-1 through 21-49-7 for the fiscal year 11
beginning July 1, 2026, and ending June 30, 2027.................. 12
................................................... $ 1,000,000.00. 13
SECTION 2. The money appropriated by this act shall be paid 14
by the State Treasurer out of any money in the State General Fund 15
not otherwise appropriated, upon warrants issued by the State 16
Fiscal Officer; and the State Fiscal Officer shall issue his or 17
her warrants upon requisitions signed by the proper person, 18
officer or officers in the manner provided by law. 19
S. B. No. 2935 *SS26/R949* ~ OFFICIAL ~
26/SS26/R949
PAGE 2 (ens\kr)
ST: General Fund; FY2027 appropriation to MS
Home Corporation for the Small Municipalities
and Limited Population Counties Program.
SECTION 3. This act shall take effect and be in force from 20
and after July 1, 2026. 21