Approved by Governor
Summary
SB 3070 authorizes $22.5 million from the state General Fund and $296.3 million from the Treasury to fund the Mississippi Development Authority for fiscal year 2027. Of that, $16.2 million is set aside for employee salaries, wages, fringe benefits and vacancy funding for 162 permanent and 43 time‑limited positions. The bill also establishes performance targets for the agency’s economic‑development work.
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