MISSISSIPPI LEGISLATURE

2026 Regular Session

To: Appropriations A

By: Representatives Read, Cockerham

House Bill 1649

(As Passed the House)

AN ACT TO DIRECT THE STATE TREASURER TO MAKE CERTAIN TRANSFERS TO THE CAPITAL EXPENSE FUND DURING FISCAL YEAR 2027; TO DIRECT THE STATE FISCAL OFFICER TO TRANSFER $9,821,328.00 FROM THE CAPITAL EXPENSE FUND TO THE MISSISSIPPI MAIN STREET REVITALIZATION GRANT FUND UPON THE EFFECTIVE DATE OF THIS ACT; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  During fiscal year 2027, the State Treasurer, in conjunction with the State Fiscal Officer, shall transfer to the Capital Expense Fund out of the following enumerated funds, the amounts listed below from each fund:

FUND                       FUND NUMBER             AMOUNT

General Fund               2999000000               $1.00

Treasurer's Office

Abandoned Property          3317800000              $1.00

TOTAL                                               $2.00

     SECTION 2.  Upon the effective date of this act, the State Fiscal Officer shall transfer the sum of Nine Million Eight Hundred Twenty-one Thousand Three Hundred Twenty-eight Dollars ($9,821,328.00) from the Capital Expense Fund (Fund No. 6499C00000) to the Mississippi Main Street Revitalization Grant Fund (Fund No. 661416000).

     SECTION 3.  This act shall take effect and be in force from and after its passage.