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SB 2989

General Fund; FY2026 appropriation to the City of Corinth for residency program training facility at Magnolia Hospital.

2025 Regular Session Introduced by Rita Parks

Proposes a FY2026 General Fund appropriation to Corinth for a Magnolia Hospital residency training facility; died in committee with no funds enacted.

Died In Committee
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Bill Summary · SB 2989

Summary — SB 2989

Title: General Fund; FY2026 appropriation to the City of Corinth for residency program training facility at Magnolia Hospital
Classification: Appropriations
Introduced: March 14, 2025
Status: Died In Committee
Companion: HB 5545

Purpose and intent

SB 2989 would authorize an appropriation from the State General Fund in fiscal year 2026 to the City of Corinth to support a residency program training facility located at Magnolia Hospital. The bill’s stated intent is to provide state funding to establish, equip, renovate, or otherwise support a facility used for medical residency training at Magnolia Hospital (specific allowable uses and dollar amount are not provided in the available version).

Key provisions

  • Directs an appropriation from the General Fund for FY2026 to the City of Corinth for the stated purpose of a residency program training facility at Magnolia Hospital.
  • Does not specify a dollar amount, schedule of disbursement, or detailed conditions in the provided text (no explicit language about capital vs. operating costs, grant terms, reporting, or oversight is available).
  • Companion measure: HB 5545 (intended to be the House counterpart).

Who would be affected

  • City of Corinth: recipient and administrator of the appropriation.
  • Magnolia Hospital: intended site and primary beneficiary; would host the residency training facility.
  • Medical residents, local healthcare providers, and patients: potential beneficiaries through expanded training capacity and workforce development.
  • State budget/General Fund: would bear the fiscal cost of any appropriation (amount unspecified).
  • Local health system and workforce planning: could be impacted by increased training capacity.

Procedural history and timeline

  • Filed / Received by Secretary of the Senate: March 14, 2025 (introduced).
  • Legislative actions recorded (as provided): Read first time (2025-04-07); referred to Business & Commerce (2025-04-07); referred to Appropriations (2025-02-12); Died In Committee (2025-02-26).
  • Status: The bill did not advance to enactment and is recorded as “Died In Committee.”

Note: The available record contains multiple date entries. The core outcome is that SB 2989 did not pass and no appropriation was enacted under this bill. Because the version content provided does not include appropriation amounts or detailed implementation language, this summary focuses on the bill’s stated purpose and procedural outcome.

Compiled from official sources — confirm details with the bill’s official record.

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