Small Business Bridge Loan Program; create.
HB 70 would have created Mississippi's Small Business Bridge Loan Program, providing short-term loans (up to $250,000 for 90-180 days) to small businesses operating in Mississippi for at least one year. The program would have established a revolving loan fund starting with $6 million over three years ($3M in 2027, $2M in 2028, $1M in 2029), funded by state appropriations and other sources, to help businesses access immediate financial assistance until they secure longer-term financing. Loans would require repayment into the fund to support future borrowers, with strict use limitations and department-determined terms. The bill died in committee on February 3, 2026, and did not become law.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2026
Last action Feb 3, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 7, 2026
Committee
Referred To Banking and Financial Services;Appropriations A
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Hines
DDemocratic
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