HB 1648·MS·house
Gulf Coast Restoration Revolving Loan Program; establish.
EnactedFiled Jan 19, 2026
Sponsor: Read
Latest Action
(H) Veto Overridden
Apr 15, 2026
Summary
The bill sets up the Gulf Coast Restoration Revolving Loan Program, a state‑run loan pool that offers up to 3.5% fixed‑rate loans to applicants eligible for Gulf Coast restoration projects. Loans are funded from a special state treasury account, repaid with interest, and the money is recycled for future loans. The program is administered by the Department of Finance and Administration together with the South Mississippi Planning and Development District.
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