Mississippi Senate Bill 2894: Local Improvement projects; require return of unexpended funds and earned interest.

Mississippi · 2026 Regular Session

What it does

An Act To Require The Return Of Unexpended, Local Improvement Project Funds And Unexpended Interest Earned On Those Funds To The Capital Expense Fund; To Provide A Procedure For Withholding A Certain Percentage Of The Payments And Allocations To A Municipality Or County Under Section 27-65-75 To Recover Funds Owed To The Capital Expense Fund Under This Act Where A County Or Municipality Fails To Return Such Funds; To Amend Sections 27-65-75, 27-104-371, 27-104-373 And 27-104-375, Mississippi Code Of 1972, To Conform; And For Related Purposes.

Latest action

Died In Committee (2026-03-03)

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