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HB 1649

State funds; make certain transfers of to the Capital Expense Fund.

2026 Regular Session Introduced by Angela Cockerham and 1 co-sponsor

HB 1649 transfers state funds to Mississippi's Capital Expense Fund to finance infrastructure projects and capital improvements across state agencies.

Conference Report Adopted
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Bill Summary · HB 1649

Legislative bill overview

HB 1649 authorizes the transfer of state funds to Mississippi's Capital Expense Fund, which finances infrastructure projects and capital improvements across state agencies. The bill was amended during the legislative process and passed the Senate on March 10, 2026.

Why is this important

Capital expense funds directly impact whether the state can repair existing infrastructure, construct new facilities, or modernize equipment across schools, universities, healthcare facilities, and government operations. These transfers determine the state's ability to address deferred maintenance and support long-term infrastructure needs without issuing new debt.

Potential points of contention

  • Lack of specificity in public record: The bill title provides no detail on transfer amounts, which agencies benefit, or what projects are prioritized, making it difficult to assess if funds are allocated equitably
  • Amendments changed the bill: The March 10 amendments altered the original proposal's terms, but without access to amendment details, the final scope of transfers remains unclear
  • Opportunity cost concerns: Large transfers to capital funds could reduce flexibility for other budget priorities like education, healthcare, or services during economic downturns

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

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