Bill
SB 2857
Overview: SB 2857 - Small Municipalities and Limited Population Counties Fund; increase grant amount that may be awarded by MDA.Purpose and Intent: The bill aims to increase the ma
Overview: SB 2857 - Small Municipalities and Limited Population Counties Fund; increase grant amount that may be awarded by MDA.
Purpose and Intent: The bill aims to increase the maximum grant amount that can be awarded from the Small Municipalities and Limited Population Counties Fund, which provides financial assistance to smaller local governments.
Key Provisions:
- Raises the maximum grant award from the fund from $150,000 to $250,000 per eligible municipality or county.
- Expands the types of projects that can be funded, including infrastructure improvements, economic development initiatives, and public safety enhancements.
- Requires the Mississippi Development Authority (MDA) to prioritize grant applications from municipalities with populations under 10,000 and counties with populations under 30,000.
Affected Parties and Impacts:
- Small municipalities and limited population counties in Mississippi, which can apply for larger grants to support local projects and services.
- The Mississippi Development Authority, which will administer the expanded grant program.
- Residents of smaller communities, who may benefit from improved infrastructure, economic opportunities, and public services.
Procedural and Timeline Considerations: The bill has been approved by the Governor and is now law.
Compiled from official sources — confirm details with the bill’s official record.
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