Mississippi legislation · 2025 Extraordinary Session
Mississippi SB2041: Appropriation; Debt Service-Gen. Obli.
Status: Signed into law, June 2, 2025
AN ACT MAKING AN APPROPRIATION FOR THE PAYMENT OF SERVICE CHARGES TO BANKS FOR ACTING AS AGENTS OF THE STATE IN PAYING FULL FAITH AND CREDIT BONDS AND INTEREST OF THE STATE OF MISSISSIPPI, FROM THE EFFECTIVE DATE OF THIS ACT UNTIL SUCH BONDS SHALL BE PAID OR UNTIL JUNE 30, 2026, WHICHEVER SHALL FIRST OCCUR; AND FOR THE PAYMENT OF MATURING BONDS AND INTEREST ON THE FULL FAITH AND CREDIT BONDS OF THE STATE OF MISSISSIPPI FALLING DUE DURING FISCAL YEAR 2026.
What the bill says
An act making an appropriation for the payment of service charges to banks for acting as agents of the state in paying full faith and credit bonds and interest of the state of mississippi, from the effective date of this act until such bonds shall be paid or until june 30, 2026, whichever shall first occur; and for the payment of maturing bonds and interest on the full faith and credit bonds of the state of mississippi falling due during fiscal year 2026.
From the introduced text:
AN ACT MAKING AN APPROPRIATION FOR THE PAYMENT OF SERVICE CHARGES TO BANKS FOR ACTING AS AGENTS OF THE STATE IN PAYING FULL FAITH AND CREDIT BONDS AND INTEREST OF THE STATE OF MISSISSIPPI, FROM THE EFFECTIVE DATE OF THIS ACT UNTIL SUCH BONDS SHALL BE PAID OR UNTIL JUNE 30, 2026, WHICHEVER SHALL FIRST OCCUR; AND FOR THE PAYMENT OF MATURING BONDS AND INTEREST ON THE FULL FAITH AND CREDIT BONDS OF THE STATE OF MISSISSIPPI FALLING DUE DURING FISCAL YEAR 2026. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. The following sum, or so much thereof as may be necessary, is hereby appropriated out of any money in the State General Fund not otherwise appropriated, for the purpose of paying service charges to banks for acting as agents of the State of Mississippi in paying bonds and interest on the full faith and credit bonds of the state, this appropriation to be available from the effective date of this act until such bonds shall be paid or until June 30, 2026, whichever shall first occur; and for the purpose of paying maturing bonds and interest on the full faith and credit bonds of the State of Mississippi falling due during Fiscal Year 2026............................... $ 422,365,135.00. *SS15/A951* S. B. No. 2041 ~ OFFICIAL ~ …
Sponsors
- Hopson, W. Briggs (R, 23) · primary sponsor
- Polk, John A. (R, 44)
- Blackwell, Charles (R, 88)
- McLendon, Michael (R, 1)
- Sarita Simmons (D, 13)
Latest actions
- : Enrolled Bill Signed
- : Returned For Enrolling
- : Motion to Reconsider Tabled
- : Motion to Reconsider Entered
- : Referred To Appropriations A
- : Transmitted To House
- : Immediate Release
- : Passed
- : Title Suff Do Pass
- : Referred To Appropriations
Votes
- Passed (May 28, 2025): 37 yea, 8 nay, passed
- Passed (May 28, 2025): 85 yea, 3 nay, passed
Common questions
- What is SB2041?
- SB2041 is a bill in the Mississippi Legislature (2025 Extraordinary Session): Appropriation; Debt Service-Gen. Obli.
- What does SB2041 do?
- In its own words: An act making an appropriation for the payment of service charges to banks for acting as agents of the state in paying full faith and credit bonds and interest of the state of mississippi, from the effective date of this act until such bonds shall be paid or until june 30, 2026, whichever shall first occur; and for the payment of maturing bonds and interest on the full faith and credit bonds of the state of mississippi falling due during fiscal year 2026.
- What is the status of SB2041?
- Signed into law as of June 2, 2025. Latest action: Enrolled Bill Signed (June 2, 2025).
- Who sponsored SB2041?
- Hopson, W. Briggs (R, 23), with 4 co-sponsors.
- Where is the official record for SB2041?
- On the Mississippi Legislature website: http://billstatus.ls.state.ms.us/20251E/pdf/history/SB/SB2041.xml
Source: official Mississippi record. Tracked by Delilah, AI for legislation across all 50 states and Congress.