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SB 3100MISSISSIPPISession 2026State BillSigned into law

Enacted

Mississippi appropriates $464.8 million for state bond debt service and bank fees through fiscal year 2027

Original title: Appropriation; Debt Service-Gen. Obli.

Last action · March 23, 2026: 03/23 Approved by GovernorSponsors: Briggs Hopson and 6 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Does

Mississippi enacted a state budget measure allocating $371,815,318 from the State General Fund and $93,025,956 from to pay maturing bonds, interest, and bank service charges for 2027. The law takes effect July 1, 2026, and covers payments due through June 30, 2027.

Why it matters

The measure determines how the state covers its debt obligations and compensates commercial financial institutions acting as payment agents for state bonds.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

State of Mississippi

The state government is required to disburse funds from the State General Fund and special source funds to meet its debt and bank service obligations.

Directly affected

Banks acting as agents of the State

Eligible banks receive service charge payments for acting as agents in paying state bonds and interest upon submitting itemized statements.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

How much money does the state allocate for general fund bond debt service and bank fees?

The state appropriates $371,815,318.00 from the State General Fund for these purposes.

What is the specific amount allocated for paying bank service charges?

The law allocates $500,000.00 or as much as necessary from Section 1 funds for paying bank service charges.

What else do you want to know?

News Coverage

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Votes, people, money & the original source

Where This Stands

Current status: Signed into law.

Procedural history

14 actions

Mar 23, 2026Governor of MississippiEnrolled
03/23 Approved by Governor
Mar 16, 2026HouseEnrolled
03/16 (H) Enrolled Bill Signed
Mar 16, 2026SenateEnrolled
03/16 (S) Enrolled Bill Signed
Mar 13, 2026House
03/13 (H) Returned For Enrolling
Mar 12, 2026HouseFloor
03/12 (H) Passed
Mar 11, 2026HouseCommittee
03/11 (H) Title Suff Do Pass

Show 8 earlier actions

Mar 11, 2026House
03/11 (H) DR - TSDP: AP To A3
Mar 11, 2026House
03/11 (H) DR - TSDP: A3 To AP
Feb 24, 2026HouseCommittee
02/24 (H) Referred To Appropriations D;Appropriations A
Feb 23, 2026Senate
02/23 (S) Transmitted To House
Feb 19, 2026SenateFloor
02/19 (S) Passed
Feb 19, 2026SenateFloor
02/19 (S) Committee Substitute Adopted
Feb 18, 2026SenateCommittee
02/18 (S) Title Suff Do Pass Comm Sub
Feb 17, 2026SenateCommittee
02/17 (S) Referred To Appropriations

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

What This Bill Does

Who It Affects

Key Facts

Frequently Asked Questions

News Coverage

Where This Stands

Procedural history

Version history

Voting Record

Lobbying Activity

Full breakdown

Sponsors

Connected Entities

Sources

Analysis Score

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