The version sent to the governor directs Gulf Coast restoration funds to named projects for fiscal year 2027, while limiting continued spending to leftover amounts and original purposes.
The version sent to the governor sets aside up to $41.092 million for named Gulf Coast projects, including roads, public facilities, and business sites.
The version also reauthorizes spending on previously approved projects and programs, capped by each remaining balance and limited to its original purpose.
The Mississippi Development Authority may use Gulf Coast Restoration Fund money for the listed projects. The listed projects support local governments, nonprofits, colleges, ports, airports, businesses, and local development groups. The money must come from the fund and must not already be appropriated for another use. The appropriation covers the fiscal year from July 1, 2026, through June 30, 2027.
The Mississippi Development Authority may continue spending previously authorized fund money on listed projects and programs. The listed projects and programs include local infrastructure and redevelopment, university work, airport air service, and quality of place incentives. Spending under each section may not exceed the unspent balance remaining on June 30, 2026, from the prior fiscal year's authorization. The money must keep its original authorized purpose. The reauthorizations cover the fiscal year from July 1, 2026, through June 30, 2027.
No hearings or votes scheduled.