PRIA Logo™
MississippiHB 16332026 Regular SessionHouseWALLET

Site Development Grant Program; revise certain definitions.

Sponsored By: John Thomas "Trey" Lamar (Republican)

Signed by Governor

Ways and MeansFinance

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 0 costs, 2 mixed.

What these site grants can pay for

Beginning July 1, 2026, grants can pay for due‑diligence fees for architects, engineers, environmental work, attorneys, and other advisors. They can fund site work on public industrial land, like clearing, grading, drainage, sewer, roads, bridges, rail, water systems, fiber lines, gas lines, bulkheads, taxiways, parking ramps, land reclamation, and dredging. They can help buy public property at no more than appraised value and buy easements and rights‑of‑way. They can also fund upgrades that improve electricity and natural gas delivery to the site. The Mississippi Development Authority (MDA) must approve items not listed.

Who can seek site development grants

Beginning July 1, 2026, counties, cities, and public or private nonprofit local economic development groups can apply for site development grants. An industrial site can also qualify if it is under a purchase option with one of these groups. The option must last at least three years, and the option price cannot be higher than the appraised fair market value.

Matching grants, applications, and oversight rules

Beginning July 1, 2026, the Mississippi Development Authority runs a matching‑grant program for industrial sites. Applicants must provide a match set by the agency; cash or in‑kind services can count. Applications must list the costs, the amount requested, and the type and amount of the match, and applicants must share related studies and plans on request. The agency writes program rules and files a yearly report by December 1 describing all assistance.

New fund and 3% admin set-aside

Beginning July 1, 2026, the state creates the Mississippi Site Development Grant Fund. Money comes from legislative appropriations and other sources. Balances do not expire at year end, and interest stays in the fund. Up to 3% of bond proceeds or legislative money in the fund can reimburse the Mississippi Development Authority for actual administrative costs, with records kept and federal tax rules followed. This reduces grant dollars by up to that amount.

Sponsors & Cosponsors

Sponsor

  • John Thomas "Trey" Lamar

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 287 • No: 0

House vote • 3/18/2026

Concurred in Amend From Senate

Yes: 114 • No: 0

Senate vote • 3/9/2026

Passed As Amended

Yes: 51 • No: 0

House vote • 2/4/2026

Passed

Yes: 122 • No: 0

Actions Timeline

  1. Approved by Governor

    3/25/2026legislature

  2. Enrolled Bill Signed

    3/20/2026Senate

  3. Enrolled Bill Signed

    3/20/2026House

  4. Concurred in Amend From Senate

    3/18/2026House

  5. Returned For Concurrence

    3/10/2026Senate

  6. Passed As Amended

    3/9/2026Senate

  7. Amended

    3/9/2026Senate

  8. Title Suff Do Pass As Amended

    3/3/2026Senate

  9. Referred To Finance

    2/13/2026Senate

  10. Transmitted To Senate

    2/5/2026House

  11. Passed

    2/4/2026House

  12. Title Suff Do Pass

    2/3/2026House

  13. Referred To Ways and Means

    1/19/2026House

Bill Text

Related Bills

Back to State Legislation