Mississippi SB2579 appropriates $5,000,000 to the Department of Finance and Administration for matching federal funds for small municipalities.
Mississippi SB2579 creates the Small Municipalities Federal Match Fund in the General Laws of 2026. It appropriates $5,000,000 to the Department of Finance and Administration for disbursing funds to small municipalities that receive discretionary federal funds. The funds are intended to serve as matching funds to draw down federal funds for these municipalities. The Department of Finance and Administration must set a match rate of 20% local funds to 80% federal funds. The act takes effect upon passage.
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