Mississippi legislation · 2026 Regular Session
Mississippi HB1648: Gulf Coast Restoration Revolving Loan Program; establish.
Status: Chaptered, April 15, 2026
AN ACT TO ESTABLISH THE GULF COAST RESTORATION REVOLVING LOAN PROGRAM FOR THE PURPOSE OF PROVIDING LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR ELIGIBLE PROJECTS IN THE GULF COAST REGION; TO PROVIDE THAT THE PROGRAM SHALL BE ADMINISTERED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION AND THE SOUTH MISSISSIPPI PLANNING AND DEVELOPMENT DISTRICT; TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE DESIGNATED AS THE GULF COAST RESTORATION REVOLVING LOAN PROGRAM FUND; TO PROVIDE THAT MONIES IN THE REVOLVING FUND SHALL BE ADMINISTERED BY THE DEPARTMENT AND THE DISTRICT, AND SHALL BE USED, ONLY UPON APPROPRIATION BY THE LEGISLATURE, FOR THE PURPOSE OF PROVIDING LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR ELIGIBLE PROJECTS, WHICH SHALL BE DETERMINED BY THE LEGISLATURE BY SEPARATE LINE ITEMS IN AN APPROPRIATION BILL; TO PROVIDE THAT AFTER THE MISSISSIPPI DEVELOPMENT AUTHORITY HAS PRESENTED THE LEGISLATURE WITH THE APPLICATIONS FOR ASSISTANCE AND ITS RECOMMENDATIONS FOR ASSISTANCE TO INDIVIDUAL PROJECTS FROM THE GULF COAST RESTORATION FUND (GCRF), THE LEGISLATURE MAY AUTHORIZE LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR INDIVIDUAL ELIGIBLE PROJECTS UNDER THIS ACT; TO PROVIDE THAT THE LEGISLATURE SHALL DETERMINE THE INDIVIDUAL PROJECTS FOR WHICH LOAN ASSISTANCE WILL BE PROVIDED UNDER THIS ACT BY SEPARATE LINE ITEMS IN THE APPROPRIATION BILL FOR THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO PROVIDE THAT AN ELIGIBLE APPLICANT MAY RECEIVE LOAN ASSISTANCE UNDER THIS ACT IN ADDITION TO RECEIVING ASSISTANCE FROM THE GCRF, AND AN ELIGIBLE APPLICANT MAY RECEIVE LOAN ASSISTANCE UNDER THIS ACT WITHOUT RECEIVING ASSISTANCE FROM THE GCRF; TO PROVIDE THAT IT IS NOT A REQUIREMENT THAT AN ELIGIBLE APPLICANT BE A RECIPIENT OF ASSISTANCE FROM THE GCRF IN ORDER TO RECEIVE LOAN ASSISTANCE UNDER THIS ACT; TO PROVIDE THAT THE DEPARTMENT SHALL PROVIDE THE DISTRICT WITH MONIES FROM THE REVOLVING FUND THAT ARE SUFFICIENT TO MAKE THE LOAN ASSISTANCE THAT HAS BEEN AUTHORIZED BY THE LEGISLATURE IN THE
What the bill says
An act to establish the gulf coast restoration revolving loan program for the purpose of providing loan assistance to eligible applicants for eligible projects in the gulf coast region; to provide that the program shall be administered by the department of finance and administration and the south mississippi planning and development district; to create a special fund in the state treasury to be designated as the gulf coast restoration revolving loan program fund…
From the enrolled text, April 6, 2026:
AN ACT TO ESTABLISH THE GULF COAST RESTORATION REVOLVING LOAN PROGRAM FOR THE PURPOSE OF PROVIDING LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR ELIGIBLE PROJECTS IN THE GULF COAST REGION; TO PROVIDE THAT THE PROGRAM SHALL BE ADMINISTERED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION AND THE SOUTH MISSISSIPPI PLANNING AND DEVELOPMENT DISTRICT; TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE DESIGNATED AS THE GULF COAST RESTORATION REVOLVING LOAN PROGRAM FUND; TO PROVIDE THAT MONIES IN THE REVOLVING FUND SHALL BE ADMINISTERED BY THE DEPARTMENT AND THE DISTRICT, AND SHALL BE USED, ONLY UPON APPROPRIATION BY THE LEGISLATURE, FOR THE PURPOSE OF PROVIDING LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR ELIGIBLE PROJECTS, WHICH SHALL BE DETERMINED BY THE LEGISLATURE BY SEPARATE LINE ITEMS IN AN APPROPRIATION BILL; TO PROVIDE THAT AFTER THE MISSISSIPPI DEVELOPMENT AUTHORITY HAS PRESENTED THE LEGISLATURE WITH THE APPLICATIONS FOR ASSISTANCE AND ITS RECOMMENDATIONS FOR ASSISTANCE TO INDIVIDUAL PROJECTS FROM THE GULF COAST RESTORATION FUND (GCRF), THE LEGISLATURE MAY AUTHORIZE LOAN ASSISTANCE TO ELIGIBLE APPLICANTS FOR INDIVIDUAL ELIGIBLE PROJECTS UNDER THIS ACT; TO PROVIDE THAT THE LEGISLATURE SHALL DETERMINE THE INDIVIDUAL PROJECTS FOR WHICH LOAN ASSISTANCE WILL BE PROVIDED UNDER THIS ACT BY SEPARATE LINE ITEMS IN THE APPROPRIATION BILL FOR THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO PROVIDE THAT AN ELIGIBLE APPLICANT MAY RECEIVE LOAN …
Sponsors
- Read, John (R, 112) · primary sponsor
- Cockerham, Angela (D, 96)
Latest actions
- : Suspend from Deadlines by HC 65
- : Veto Overridden
- : Vetoed
- : Enrolled Bill Signed
- : Immediate Release
- : Conference Report Adopted
- : Conference Report Filed
- : Recommitted For Further Conf
- : Conference Report Filed
- : Conferees Named Hopson,DeBar,Harkins
Votes
- Conference Report Adopted (April 2, 2026): 52 yea, 0 nay, passed
- Conference Report Adopted (April 2, 2026): 118 yea, 0 nay, passed
- Passed As Amended (March 4, 2026): 51 yea, 0 nay, passed
- Passed (February 5, 2026): 121 yea, 0 nay, passed
Subjects: Gulf Coast Restoration Revolving Loan Program
Common questions
- What is HB1648?
- HB1648 is a bill in the Mississippi Legislature (2026 Regular Session): Gulf Coast Restoration Revolving Loan Program; establish.
- What does HB1648 do?
- In its own words: An act to establish the gulf coast restoration revolving loan program for the purpose of providing loan assistance to eligible applicants for eligible projects in the gulf coast region; to provide that the program shall be administered by the department of finance and administration and the south mississippi planning and development district; to create a special fund in the state treasury to be designated as the gulf coast restoration revolving loan program fund…
- What is the status of HB1648?
- Chaptered as of April 15, 2026. Latest action: Suspend from Deadlines by HC 65 (April 15, 2026).
- Who sponsored HB1648?
- Read, John (R, 112), with 1 co-sponsor.
- Where is the official record for HB1648?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1648.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.