MississippiHB 19202026 Regular SessionHouseWALLET

Appropriation; Real Estate Commission.

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 1 benefits, 1 costs, 2 mixed.

2027 funding for Real Estate Commission

The law provides $1,950,524 to the Real Estate License Fund for the Mississippi Real Estate Commission for July 1, 2026–June 30, 2027. The State Treasurer pays from the fund when the State Fiscal Officer issues a warrant on a proper requisition. The act takes effect July 1, 2026.

Stricter spending controls and records

No state agency can make obligations or debt beyond its appropriation; officers who do can be held personally liable. The Commission cannot use general funds in this act to replace federal or special salary funds that are withdrawn. The Commission must keep accounting and personnel records at the same detail as FY2026 and submit its FY2028 budget in the same format.

Rules for contracts and purchases

The Commission must follow IRS Publication 15-A when reporting payments to contract workers. When two bids or quotes are equal in price, quality, and service, the state gives preference to Mississippi Industries for the Blind.

Staffing and pay limits at Real Estate Commission

Personal Services is capped at $1,229,744 for FY2027, with $0 in General Funds and all from Special Funds. The Commission is authorized 16 permanent jobs and 0 time-limited jobs. Personal Services money cannot be moved to other spending categories. Pay must follow the State Variable Compensation Plan, and salaries must meet the State Personnel Board minimums. The State Personnel Board stops salary actions if they would exceed the payroll appropriation or raise FY2028 needs, except for essential new hires. Vacancy funds are used to fill authorized jobs that were empty at the end of FY2026 and cannot fund promotions or raises; amounts may adjust if more jobs were filled after February 1, 2026. If total authorized jobs drop from FY2026 to FY2027, the agency chooses which positions to remove.

Sponsors & Cosponsors

Sponsor

Clay Deweese
Republican • House

Cosponsors

Richard Bennett
Republican • House
Sam Creekmore IV
House
Becky Currie
Republican • House
Missy McGee
Republican • House
Carl L. Mickens
Democratic • House
John Read
Republican • House
Omeria Scott
Democratic • House
Jerry R. Turner
Republican • House

Roll Call Votes

All Roll Calls

Yes: 165 • No: 0

Senate vote • 3/12/2026

Passed

Yes: 49 • No: 0 • Other: 2

House vote • 2/19/2026