SB 2840 Mississippi Senate · 2025 Regular Session

State Budget process; revise provisions related to and transfer certain funds.

SB 2840 revises Mississippi's state budget process by redirecting fund disbursements and creating new accounts. It primarily shifts oversight of the Mississippi State University Veterinary School Fund from the Department of Finance to the Board of Trustees of State Institutions of Higher Learning, while also creating new funds like the "Mississippi Veteran's Home Improvement Fund" and the "United States Fire Insurance Company Settlement Fund." The bill reallocates specific sums - including $1.4 million for school safety platforms, $18 million for the veterinary school fund, and $30 million for road/bridge repairs - to various state agencies and projects. These changes focus on administrative fund management rather than new policy initiatives, with no direct impact on individual citizens.
Bill status vetoed 4 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Apr 2025
Senate Passage
Feb 2025
House Passage
Mar 2025
Vetoed
Apr 2025
Introduced Feb 6, 2025 Vetoed Apr 24, 2025
Maddy AI version diff · 3 comparisons

What changed between versions

As Passed the upper Current version · 10 edits
MAJOR
This bill was amended to add several new funding transfers, create new special funds, and modify existing fund disbursement rules. The changes expand the bill's scope from primarily university and road fund adjustments to include veteran home improvements, fire insurance settlements, civil money penalties, and NG911 funding. These additions reflect a broader fiscal management approach addressing multiple state priorities beyond the original legislative intent.
Scope change
The bill's scope expanded from focusing on Mississippi State University Veterinary School funds and road/bridge fund corrections to include multiple new funds for veterans, fire insurance settlements, banking penalties, and emergency management, plus modified disbursement authority for university funds.
FISCAL

Changed disbursement authority for Mississippi State University Veterinary School Fund from Department of Finance and Administration to Board of Trustees of State Institutions of Higher Learning

Created new Mississippi Veteran's Home Improvement Fund with $2,500,000 initial transfer and $13,000,000 additional transfer for veteran home construction

Created new United States Fire Insurance Company Settlement Fund with $310,362 transfer from Attorney General Contingent Fund for bookstore settlement costs

Created new DBCF Civil Money Penalty Fund with $1,760,285 transfer from Consumer Finance Fund for banking violations remediation

Created new NG911 CMRS Grant Fund with $88,328,303 transfer and State NG911 Fund with $743,000 transfer for emergency communication systems

Added $4,030,416 transfer from University of Mississippi Medical Center to State Department of Health for physician workforce program

Added $2,250,000 transfer to Mississippi Semiquincentennial Celebration Fund and $2,047,425.77 transfer to 2022 IHL Capital Improvements Fund

Repealed March 2023 Storm Housing Mission Fund and transferred remaining balance to Disaster Assistance Trust Fund

REQUIREMENT

Added ethics law exemption for purchases made from state property sales by legislative agencies under Section 29-9-9

TIMELINE

Changed effective dates for certain transfers to July 1, 2025, and added conditional effectiveness for NG911 transfers based on SB 2835

Floor votes · Senate Feb 5, 2025 · House Mar 6, 2025

How they voted

510
Passed
Total votes 51
Feb 5, 2025
D Democratic16
16 Yea
100% Yea
R Republican35
35 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
21
Key actions
8
Committee
8
Amendments
1
Apr 24, 2025
Vetoed
Vetoed
executive
Apr 2, 2025
Lower · Passed
Conference Report Adopted
lower
Apr 1, 2025
Lower · Passed
Conference Report Filed
lower
Apr 1, 2025
Committee
Recommitted For Further Conf
lower
Mar 31, 2025
Upper · Passed
Conference Report Filed
upper
Mar 6, 2025
Lower · Passed
Passed As Amended
lower
Mar 6, 2025
Lower · Passed
Amended
lower
Mar 4, 2025
Lower · Passed
Title Suff Do Pass As Amended
lower
Feb 14, 2025
Committee
Referred To Appropriations A;Accountability, Efficiency, Transparency
lower
Feb 6, 2025
Introduced
Transmitted To House
upper
Feb 5, 2025
Upper · Passed
Passed
upper
Jan 30, 2025
Upper · Passed
Title Suff Do Pass Comm Sub
upper
Jan 20, 2025
Committee
Referred To Appropriations
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Briggs Hopson
Briggs Hopson
RRepublican
MS
23