Mississippi Senate Bill SB3373

Mississippi 2026 Regular Session

• Introduced: 2/25/26
• Refer: 2/25/26
• Failed: 2/25/26

Caption

AN ACT MAKING AN APPROPRIATION TO THE CITY OF LOUISVILLE, MISSISSIPPI, FOR THE PURPOSE OF DEFRAYING COSTS ASSOCIATED WITH INDUSTRIAL DEVELOPMENT PROJECTS FOR THE FISCAL YEAR 2027.

Summary

Senate Bill 3373 is a fiscal appropriation bill that would provide $3,000,000 from the Mississippi State General Fund to the City of Louisville for fiscal year 2027. The stated purpose of the funding is to help defray costs associated with industrial development projects. The bill is a straightforward spending measure rather than a regulatory or policy bill, and it specifies that the appropriation is available beginning July 1, 2026, through June 30, 2027. The bill also sets out the normal administrative mechanism for disbursing the funds: the State Treasurer would pay the money from the General Fund upon warrants issued by the State Fiscal Officer, based on proper requisitions. It takes effect on July 1, 2026. Because the bill is limited to a single municipal appropriation, its legal effect is to authorize state spending for a specific local economic development purpose without changing broader state law.

Impact

SB3373 would temporarily authorize a $3 million General Fund appropriation to the City of Louisville for industrial development-related costs in FY2027. Its impact on state law is limited to creating a one-time spending authorization and directing the process for payment; it does not amend existing statutes, create a new program, or impose ongoing obligations on other state agencies or private parties. The primary affected party is the City of Louisville, which would receive state support for local industrial development projects.

Sentiment

There is no recorded committee transcript or vote history provided with the bill, so no direct debate or opposition can be identified from the available materials. Based on the bill text alone, the measure appears routine and noncontroversial, as it is a targeted appropriation for local economic development. The absence of recorded votes or discussion suggests there is not enough contextual information to characterize broader legislative sentiment beyond the bill’s apparent administrative and funding-focused nature.

Contention

No specific points of contention are documented in the provided materials. Potential areas of concern, if raised, would likely involve the size of the appropriation, the use of state General Fund dollars for a local project, and whether the industrial development benefits justify the expenditure. However, the available record does not show any named opponents, amendments, or disputed provisions.