HB 1129 Mississippi House · 2025 Regular Session

Education Enhancement Fund; school district educational facilities loan repayments shall be made to DFA and deposited into.

HB 1129 redirects repayments from school districts on approved loans from the now-repealed Educational Facilities Revolving Loan Fund Program to the existing Education Enhancement Fund. School districts that fall behind on these loan payments will have the overdue amount withheld from their future total funding formula payments until settled. The bill requires the Department of Education to provide repayment details to the Department of Finance and Administration, which will deposit the funds into the Education Enhancement Fund. This ensures loan repayments contribute directly to the fund used for school facility improvements and other educational purposes as outlined in existing law.

Issues: ✓ Education

Bill status signed all 5 stages cleared

Introduction

Feb 2025

Committee Review

Mar 2025

House Passage

Mar 2025

Senate Passage

Mar 2025

Signed into Law

Mar 2025

Introduced Feb 7, 2025 Signed Mar 28, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

As Passed the lower → Current version · 6 edits

MODERATE

This bill was revised to clarify the Department of Finance and Administration's authority to receive loan repayments from the Educational Facilities Revolving Loan Fund Program, establish procedures for handling delinquent payments through withholding future funding, and create a timeline for transferring remaining funds to the Education Enhancement Fund. The changes provide clearer enforcement mechanisms for loan repayment and update the effective dates for different sections of the act.

Scope change

The bill's scope was expanded to include specific directives for the Department of Education to report loan terms and balances, and to withhold future funding from school districts in arrears, which was not explicitly detailed in the earlier version.

REQUIREMENT

Added requirement for the Department of Education to provide loan repayment terms and balances owed to the Department of Finance and Administration.

ENFORCEMENT

New provision allowing the Department of Education to withhold future total funding formula funds from school districts that are in arrears on loan repayments.

TIMELINE

Added Section 4 requiring the State Treasurer and State Fiscal Officer to transfer all remaining funds from the Educational Facilities Revolving Loan Fund to the Education Enhancement Fund upon the effective date.

Added Section 5 establishing that Sections 1 and 2 of the act will be repealed on July 1, 2034.

Changed Section 6 to specify that Section 1 takes effect on July 1, 2024, while the remainder of the act takes effect upon passage.

SCOPE

Revised the act's purpose language from requiring repayment to authorizing the Department of Finance and Administration to receive repayments on approved loans.

Floor votes · Senate Mar 11, 2025 · House Feb 6, 2025

How they voted

51–0

Passed

Total votes 51

Mar 11, 2025

D Democratic16

16 Yea

100% Yea

R Republican35

35 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 28, 2025

Signed into law

Approved by Governor

executive

Mar 20, 2025

Lower · Passed

Concurred in Amend From Senate

lower

Mar 11, 2025

Upper · Passed

Passed As Amended

upper

Mar 11, 2025

Upper · Passed

Amended

upper

Mar 4, 2025

Upper · Passed

Title Suff Do Pass As Amended

upper

Feb 17, 2025

Committee

Referred To Appropriations

upper

Feb 7, 2025

Introduced

Transmitted To Senate

lower

Feb 6, 2025

Lower · Passed

Passed

lower

Jan 30, 2025

Lower · Passed

Title Suff Do Pass

lower

Jan 20, 2025

Committee

Referred To Appropriations A

lower

1 primary · 0 co-sponsors