Mississippi TRUST Act; enact.

SB 2385, the Mississippi TRUST Act, requires Mississippi government entities to verify the registration and compliance of charitable organizations, foreign corporations, and nonprofits before disbursing public funds. It mandates that all public funds for these groups must be authorized through specific line-item appropriations by the legislature. The bill also requires these organizations to submit detailed annual financial reports to the Secretary of State, including breakdowns of public funds received, specific outcomes of expenditures, and certifications under penalty of perjury. Noncompliance could result in loss of nonprofit status or dissolution.