Bill
SB 3051
Overview: SB 3051, Appropriation; Development Authority, Mississippi, Died In Conference, Introduced April 17, 2025Purpose and Intent: This bill would have appropriated funds to th
Overview: SB 3051, Appropriation; Development Authority, Mississippi, Died In Conference, Introduced April 17, 2025
Purpose and Intent: This bill would have appropriated funds to the Mississippi Development Authority for various economic development initiatives and projects across the state.
Key Provisions:
- Appropriated $25 million to the Mississippi Development Authority for the following purposes:
- $10 million for the Mississippi Site Development Grant Program
- $5 million for the Mississippi Advantage Grant Program
- $5 million for the Mississippi Competitive Projects Incentive Program
- $5 million for the Mississippi Advantage Jobs Incentive Program
Affected Parties and Impacts: The bill would have provided funding and incentives to support economic development efforts by the Mississippi Development Authority. This could have benefited businesses, industries, and communities across the state through job creation, infrastructure improvements, and other economic growth initiatives.
Procedural and Timeline Considerations: The bill died in conference, meaning it did not pass both chambers of the Mississippi legislature before the end of the session.
Compiled from official sources — confirm details with the bill’s official record.
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