MS HB4040 | 2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 2)
Status: Failed on March 17 2026 - 100% progression
Action: 2026-03-17 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Authorize The Issuance Of State General Obligation Bonds To Provide Funds For The Mississippi Agriculture And Timber Economic Development Fund Created In This Act; To Require The Mississippi Development Authority To Establish A Program To Recruit Agriculture And Timber Related Economic Development To Mississippi That Will Provide New Markets And Additional And Increased Access To Existing Markets For The Sale Of Mississippi's Agriculture And Timber Commodities; To Create The "mississippi Agriculture And Timber Economic Development Fund" As A Special Fund In The State Treasury To Be Administered By The Mississippi Development Authority; To Provide That Monies In The Special Fund Shall Be Used By The Mississippi Development Authority, Upon Appropriation By The Legislature, For The Purposes Provided In This Act; To Amend Section 27-65-75, Mississippi Code Of 1972, To Provide That A Portion Of The State Sales Tax Revenue Collected From The Retail Sales Of Farm Tractors And Parts And Labor Used To Maintain And/or Repair Such Tractors, And Farm Implements Taxed At The Rate Of 1.5% Under Section 27-65-17, Shall Be Deposited Into The Mississippi Agriculture And Timber Economic Development Fund Created In This Act; And For Related Purposes.

Tracking Information

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Title

Agriculture and timber economic development; issue bonds and establish program for.

Sponsors


Roll Calls

2026-02-25 - House - House Passed (Y: 119 N: 0 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2026-03-17SenateDied In Committee
2026-03-04SenateReferred To Finance
2026-02-26HouseTransmitted To Senate
2026-02-25HousePassed
2026-02-24HouseTitle Suff Do Pass
2026-02-23HouseReferred To Ways and Means

Code Citations

ChapterArticleSectionCitation TypeStatute Text
276575Amended CodeSee Bill Text

Mississippi State Sources


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