# Mississippi SB 2631: The Mississippi Grain Indemnity Act; establish.

Mississippi SB 2631, The Mississippi Grain Indemnity Act; establish., is a 2026 Regular Session Senate bill sponsored by Neil S. Whaley (Republican); status signed, last action 2026-03-13 (Approved by Governor); PRIA reads it as touching household money (as of 2026-10-27).

- Canonical: https://policyrisk.com/state-bill/MS-SB2631-2026
- As of: 2026-10-27
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Mississippi SB 2631
- State: Mississippi
- Session: 2026 Regular Session
- Title: The Mississippi Grain Indemnity Act; establish.
- Status: signed
- Chamber: Senate
- Introduced: 2026-01-19
- Last action: 2026-03-13, Approved by Governor
- Sponsor: Neil S. Whaley (Republican)
- Cosponsors: 0
- Subjects: Agriculture
- Touches household money: yes
- Roll calls: 2 (173 yes, 0 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Grain farmers can claim dealer bonds: mixed, medium. When a grain dealer fails to pay for purchased grain, the commissioner determines which producers are owed money and how much. The commissioner then seeks payment from the dealer’s bond or pledged assets. Producers must notify the commissioner in writing within 30 days after the dealer refuses or f…
- Grain farmers pay into a loss fund: mixed, medium. The law creates a trust fund that pays approved claims for covered contract and storage losses. It covers Mississippi-grown whole-kernel corn, soybeans, and wheat, but payments apply only to crops produced after January 1, 2027. Starting January 1, 2027, first purchasers deduct 0.2% of the sale pri…
- Grain dealers keep separate bonds: mixed, low. Starting July 1, 2026, a grain dealer covered by both laws must keep separate bonds. This gives producers distinct security for obligations under each law, but adds a bonding requirement for affected dealers. Grain dealer licenses also renew each year on July 1, replacing the prior renewal timing t…

## Sponsors and cosponsors

- Sponsor: Neil S. Whaley (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-04 | House | Passed | pass | 121 | 0 |   |
| 2026-02-10 | Senate | Passed | pass | 52 | 0 |   |

## Actions (11)

- 2026-03-13: Approved by Governor (legislature)
- 2026-03-10: Enrolled Bill Signed (House)
- 2026-03-10: Enrolled Bill Signed (Senate)
- 2026-03-05: Returned For Enrolling (House)
- 2026-03-04: Passed (House)
- 2026-02-24: Title Suff Do Pass (House)
- 2026-02-16: Referred To Agriculture (House)
- 2026-02-11: Transmitted To House (Senate)
- 2026-02-10: Passed (Senate)
- 2026-02-03: Title Suff Do Pass (Senate)
- 2026-01-19: Referred To Agriculture (Senate)

## Bill text

- As Introduced: [HTML](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631IN.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631IN.pdf)
- As Passed: [HTML](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631PS.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631PS.pdf)
- Enrolled: [HTML](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631SG.htm), [PDF](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631SG.pdf)

## Related bills

- HB 1653: Local Improvements Project Fund and IHL Capital Improvements Fund; revise certain projects funded with monies from. (signed)
- HB 1924: Appropriation; Attorney General. (signed)
- SB 3051: Appropriation; Finance and Administration, Department of. (signed)
- SB 3110: Tax credits; authorize for contributions by certain taxpayers to certain hospitals. (signed)
- SB 2917: Budget; provide for various transfers of funds, and create various special funds. (signed)
- SB 3071: Appropriation; Gulf Coast Restoration Funds to the Mississippi Development Authority. (signed)

## Sources
- [As Introduced (HTML)](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631IN.htm)
- [As Introduced (PDF)](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631IN.pdf)
- [As Passed (HTML)](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631PS.htm)
- [As Passed (PDF)](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631PS.pdf)
- [Enrolled (HTML)](https://billstatus.ls.state.ms.us/documents/2026/html/SB/2600-2699/SB2631SG.htm)
- [Enrolled (PDF)](https://billstatus.ls.state.ms.us/documents/2026/pdf/SB/2600-2699/SB2631SG.pdf)

## Related
- [HB 1653: Local Improvements Project Fund and IHL Capital Improvements Fund; revise certa…](https://policyrisk.com/state-bill/MS-HB1653-2026)
- [HB 1924: Appropriation; Attorney General.](https://policyrisk.com/state-bill/MS-HB1924-2026)
- [SB 3051: Appropriation; Finance and Administration, Department of.](https://policyrisk.com/state-bill/MS-SB3051-2026)
- [SB 3110: Tax credits; authorize for contributions by certain taxpayers to certain hospit…](https://policyrisk.com/state-bill/MS-SB3110-2026)
- [SB 2917: Budget; provide for various transfers of funds, and create various special fund…](https://policyrisk.com/state-bill/MS-SB2917-2026)
- [SB 3071: Appropriation; Gulf Coast Restoration Funds to the Mississippi Development Auth…](https://policyrisk.com/state-bill/MS-SB3071-2026)
- [Mississippi bills](https://policyrisk.com/states/mississippi/bills)
- [Mississippi state hub](https://policyrisk.com/states/mississippi)
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Source: PRIA, https://policyrisk.com/state-bill/MS-SB2631-2026 (as of 2026-10-27).