Bonds; authorize issuance of general obligation bonds for West Central Mississippi Incubator Grant Program.

SB 2118 would have authorized the state to issue general obligation bonds to fund the West Central Mississippi Incubator Grant Program, targeting businesses and startups in Humphreys, Madison, Sharkey, Sunflower, Washington, and Yazoo counties. The bill's key mechanism involves the State Bond Commission issuing bonds backed by Mississippi's full credit, with proceeds exclusively used for this economic development program's costs. The bill died in committee on February 26, 2025, meaning it did not become law and no funding was approved.