SB2001 - Project Poppy Fund; create.

2 Co-Sponsors

An Act To Create The Project Poppy Fund As A Special Fund In The State Treasury For The Purpose Of Providing Grants Or Loans To Fund Certain Projects, As Defined In Section 57-75-5(f)(xxxii), Mississippi Code Of 1972, For The Manufacture And Assembly Of Battery Cells For Electric Commercial Vehicles And Industrial Applications, Certain Other Industrial Facilities And Related Port Improvement Projects; To Provide That Monies Appropriated Out Of The Fund May Be Used To Reimburse Actual Oversight Costs And Engineering Expenses Up To A Certain Amount; To Require The Mississippi Development Authority To File A Report On The Fund To Certain Public Officials; To Direct The State Treasurer, In Conjunction With The State Fiscal Officer, To Transfer Funds Out Of The Capital Expense Fund To The Project Poppy Fund Created In This Act; And For Related Purposes.