MISSISSIPPI LEGISLATURE
2025 1st Extraordinary Session
To: Appropriations
By: Senator(s) Hopson
AN ACT TO AMEND SECTION 37-113-55, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MONIES IN THE MISSISSIPPI STATE UNIVERSITY VETERINARY SCHOOL FUND SHALL BE DISBURSED BY THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING INSTEAD OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO AMEND SECTION 1 OF CHAPTER 534, LAWS OF 2024, TO CORRECT THE REFERENCE TO THE FUND NUMBER FOR THE 2022 EMERGENCY ROAD AND BRIDGE FUND; TO DIRECT THE UNIVERSITY OF MISSISSIPPI MEDICAL CENTER TO TRANSFER TO THE STATE TREASURER FROM THE AUTHORIZED BANK ACCOUNT A CERTAIN SUM FOR THE OFFICE OF MISSISSIPPI PHYSICIAN WORKFORCE, FOR DEPOSIT TO THE CREDIT OF THE STATE DEPARTMENT OF HEALTH FOR THE PHYSICIAN WORKFORCE PROGRAM; TO CREATE THE "MISSISSIPPI VETERAN'S HOME IMPROVEMENT FUND" IN THE STATE TREASURY AND DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE MSVA-BOARD CEF TO THE FUND; TO CREATE THE "UNITED STATES FIRE INSURANCE COMPANY SETTLEMENT FUND" IN THE STATE TREASURY AND DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE ATTORNEY GENERAL CONTINGENT FUND TO THE SETTLEMENT FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND - DFA TO THE 2022 IHL CAPITAL IMPROVEMENTS FUND; TO AUTHORIZE THOSE FUNDS TO BE USED TO PAY THE COSTS FOR THE REPAIR OR RENOVATION OF SYSTEMS OR BUILDINGS ON THE HATTIESBURG CAMPUS OF THE UNIVERSITY OF SOUTHERN MISSISSIPPI; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE MARCH 2023 STORM HOUSING MISSION FUND TO THE HAZARD MITIGATION ADMINISTRATION AND MANAGEMENT FUND; TO DIRECT THE STATE TREASURER TO TRANSFER THE REMAINING BALANCE OF THE MARCH 2023 STORM HOUSING MISSION FUND TO THE DISASTER ASSISTANCE TRUST FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND TO THE DISASTER ASSISTANCE TRUST FUND; TO REPEAL SECTION 33-15-55, MISSISSIPPI CODE OF 1972, WHICH IS THE PROVISION OF LAW CREATING THE MARCH 2023 STORM HOUSING MISSION FUND; TO CREATE THE "DBCF CIVIL MONEY PENALTY FUND" IN THE STATE TREASURY AND DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CONSUMER FINANCE FUND TO THE PENALTY FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE APPROPRIATE FINANCIAL INSTITUTIONS TO THE NG911 CMRS GRANT FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE APPROPRIATE FINANCIAL INSTITUTIONS TO THE STATE NG911 FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND TO THE BOARD OF ANIMAL HEALTH DISEASE RESPONSE FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND TO THE MISSISSIPPI DEPARTMENT OF TRANSPORTATION STRATEGIC MULTI-MODAL INVESTMENTS FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND TO THE MISSISSIPPI DEPARTMENT OF TRANSPORTATION 2022 INFRASTRUCTURE MATCH FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE ANNUAL FIRE FUND TO THE RURAL FIRE TRUCK MATCHING ASSISTANCE FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE ANNUAL FIRE FUND TO THE MISSISSIPPI VOLUNTEER FIREFIGHTER LENGTH OF SERVICE AWARDS PROGRAM FUND; TO DIRECT THE STATE TREASURER TO TRANSFER A CERTAIN SUM FROM THE CAPITAL EXPENSE FUND TO THE MISSISSIPPI OUTDOOR STEWARDSHIP TRUST FUND; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 37-113-55, Mississippi Code of 1972, is amended as follows:
37-113-55. There is created
in the State Treasury a special fund to be designated as the "Mississippi
State University Veterinary School Fund." The fund shall be maintained by
the State Treasurer as a separate and special fund, separate and apart from the
General Fund of the state. Monies in the fund shall be disbursed by the * * * Board
of Trustees of State Institutions of Higher Learning to assist Mississippi
State University with paying costs associated with the design, construction,
renovation, repairs, and equipping of the Wise Center. Unexpended amounts
remaining in the fund at the end of a fiscal year shall not lapse into the
State General Fund, and any interest earned or investment earnings on amounts
in the fund shall be deposited into such fund.
SECTION 2. Section 1 of Chapter 534, Laws of 2024, is amended as follows:
Section 1. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the amounts listed below from the Capital Expense Fund (Fund No. 6499C00000) to each of the following named funds:
FUND FUND NUMBER AMOUNT
2024 Local Improvements
Projects Fund created
in Section 4 of this act $ 227,375,000.00
2022 IHL Capital
Improvements Fund 6611330000 $ 110,000,000.00
2022 Community and Junior
Colleges Capital
Improvements Fund 6611300000 $ 45,000,000.00
2022 State Agencies Capital
Improvements Fund 6611320000 $ 26,100,000.00
2022 Department of Finance
and Administration
Statewide Repair and
Renovation Fund 6611310000 $ 23,900,000.00
Mississippi State University
Veterinary School Fund
created in Section 9 of
this act $ 18,000,000.00
Mississippi Site Development
Grant Fund 6614170000 $ 40,000,000.00
2023 Lafayette County
Infrastructure
Improvements Fund 6611380000 $ 160,000,000.00
2023 Desoto County
Infrastructure
Improvements Fund 6611370000 $ 90,000,000.00
2022 Emergency Road and
Bridge Fund * * * 6619441000 $
30,000,000.00
Strategic Multi-Modal
Investments Fund 6695500000 $ 10,000,000.00
2022 Infrastructure
Match Fund 6619430000 $ 40,000,000.00
TOTAL $ 820,375,000.00
SECTION 3. During the period beginning July 1, 2024, through June 30, 2025, the University of Mississippi Medical Center shall transfer to the State Treasurer from the authorized bank account the sum of Four Million Thirty Thousand Four Hundred Sixteen Dollars ($4,030,416.00) for the Office of Mississippi Physician Workforce, for deposit to the credit of the State Department of Health (Fund No. 333010000) for the physician workforce program that was transferred to the department in House Bill No. 1129, 2024 Regular Session.
SECTION 4. There is created in the State Treasury a special fund to be designated as the "Mississippi Veteran's Home Improvement Fund." The fund shall be maintained by the State Treasurer as a separate and special fund, separate and apart from the General Fund of the state. Monies in the fund shall be disbursed by the Department of Finance and Administration acting through the Bureau of Building, Grounds and Real Property Management, upon appropriation by the Legislature, to defray costs associated with the design, construction, and equipping of a new veteran's home to be located in Rankin County. Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned or investment earnings on amounts in the fund shall be deposited into such fund.
SECTION 5. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Two Million Five Hundred Thousand Dollars ($2,500,000.00) from the MSVA-Board CEF (Fund No. 6448200000) to the Mississippi Veteran's Home Improvement Fund created in Section 4 of this act.
SECTION 6. There is created in the State Treasury a special fund to be designated as the "United States Fire Insurance Company Settlement Fund." The fund shall be maintained by the State Treasurer as a separate and special fund, separate and apart from the General Fund of the state. Monies in the fund shall be disbursed by the Department of Finance and Administration acting through the Bureau of Building, Grounds and Real Property Management, upon appropriation by the Legislature, to defray costs in compliance with the settlement in Mississippi Department of Finance and Administration, Bureau of Building, Grounds and Real Property Management vs. United States Fire Insurance Company, Civil Action No. 2024-2039, related to the bookstore at Mississippi Delta Community College. Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned or investment earnings on amounts in the fund shall be deposited into such fund.
SECTION 7. On July 1, 2025, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Three Hundred Ten Thousand Three Hundred Sixty-two Dollars ($310,362.00) from the Attorney General Contingent Fund (Fund No. 8801700000) to the United States Fire Insurance Company Settlement Fund created in Section 6 of this act.
SECTION 8. (1) Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Two Million Forty-seven Thousand Four Hundred Twenty-five Dollars and Seventy-seven Cents ($2,047,425.77) from the Capital Expense Funds - DFA (Fund No. 6494300000) to the 2022 IHL Capital Improvements Fund (Fund No. 6611330000) created in Section 37-101-83, Mississippi Code of 1972.
(2) These funds shall be disbursed by the Department of Finance and Administration, upon appropriation by the Legislature, to The University of Southern Mississippi, with the approval of the Board of Trustees of State Institutions of Higher Learning on those projects related to the universities under its management and control, to pay the costs for the repair or renovation of systems or buildings on the Hattiesburg campus.
SECTION 9. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Two Million Five Hundred Thousand Dollars ($2,500,000.00) from the March 2023 Storm Housing Mission Fund (Fund No. 3370300000) to the Hazard Mitigation Administration and Management Fund (Fund No. 337HM00000).
SECTION 10. Upon the effective date of this act and after completion of the transfer in Section 9 of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the remaining balance of the March 2023 Storm Housing Mission Fund (Fund No. 3370300000) to the Disaster Assistance Trust Fund (Fund No. 3372500000).
SECTION 11. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Five Million Five Hundred Thousand Dollars ($5,500,000.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Disaster Assistance Trust Fund (Fund No. 3372500000).
SECTION 12. Section 33-15-55, Mississippi Code of 1972, which is the provision of law creating the March 2023 Storm Housing Mission Fund, shall stand repealed on July 1, 2025.
SECTION 13. There is created in the State Treasury a special fund to be designated as the "DBCF Civil Money Penalty Fund," which shall consist of funds received from settlements related to violations committed under the former "Mississippi Money Transmitters Act," which was repealed by House Bill No. 1428, 2025 Regular Session, the "Money Transmission Modernization Act," which was enacted by House Bill No. 1428, 2025 Regular Session, and the "Mississippi S.A.F.E. Mortgage Act" and any funds from any other source designated for deposit into the fund. Monies in the fund shall be disbursed by the Mississippi Department of Banking and Consumer Finance, upon appropriation by the Legislature, for the purpose of assessment, remediation, operation and maintenance, oversight and administration of licensees within the Consumer Finance and Mortgage divisions of the agency. Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund, and any investment earnings or interest earned on amounts in the fund shall be deposited to the credit of the fund.
SECTION 14. During the period beginning July 1, 2025, through June 30, 2026, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of One Million Seven Hundred Sixty Thousand Two Hundred Eighty-five Dollars and Eighty-three Cents ($1,760,285.83) from the Consumer Finance Fund (Fund No. 3351200000) to the DBCF Civil Money Penalty Fund created in Section 13 of this act.
SECTION 15. On July 1, 2025, the State Treasurer, in conjunction with the State Fiscal Officer and the Mississippi Emergency Management Agency, shall transfer the sum of Eighty-eight Million Three Hundred Twenty-eight Thousand Three Hundred Three Dollars ($88,328,303.00), which are monies of the former Commercial Mobile Radio Service Board, from the appropriate financial institutions to the NG911 CMRS Grant Fund created in Section 7 of Senate Bill No. 2835, 2025 Regular Session.
SECTION 16. On July 1, 2025, the State Treasurer, in conjunction with the State Fiscal Officer and the Mississippi Emergency Management Agency, shall transfer the sum of Seven Hundred Forty-three Thousand Dollars ($743,000.00), which are monies of the former Commercial Mobile Radio Service Board, from the appropriate financial institutions to the State NG911 Fund created in Section 8(h) of Senate Bill No. 2835, 2025 Regular Session.
SECTION 17. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Three Hundred Fifty Thousand Dollars ($350,000.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Board of Animal Health Disease Response Fund (Fund No. 6642700000).
SECTION 18. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Eighteen Million Dollars ($18,000,000.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Mississippi Department of Transportation Strategic Multi-Modal Investments Fund (Fund No. 6695500000).
SECTION 19. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Forty Million Dollars ($40,000,000.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Mississippi Department of Transportation 2022 Infrastructure Match Fund (Fund No. 6619430000).
SECTION 20. On July 1, 2025, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Two Million Dollars ($2,000,000.00) from the Annual Fire Fund (Fund No. 3351500000) to the Rural Fire Truck Matching Assistance Fund (Fund No. 3351800000) created in Section 17-23-1(4), Mississippi Code of 1972.
SECTION 21. On July 1, 2025, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Three Million Dollars ($3,000,000.00) from the Annual Fire Fund (Fund No. 3351500000) to the Mississippi Volunteer Firefighter Length of Service Awards Program Fund (Fund No. 3351600000).
SECTION 22. Upon the effective date of this act, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer the sum of Twelve Million Dollars ($12,000,000.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Mississippi Outdoor Stewardship Trust Fund (Fund No. 3316200000) created in Section 49-39-7, Mississippi Code of 1972.
SECTION 23. This act shall take effect and be in force from and after its passage.