Small Municipalities Federal Match Fund; create.

SB 2375 creates a state fund called the "Small Municipalities Federal Match Fund" to help Mississippi towns with under 10,000 residents match federal grants they receive. The fund reimburses up to 1.25% of its disbursements for oversight costs incurred by state agencies administering the program. It requires annual reports on fund usage to legislative leaders and the governor, with unspent money rolling over yearly. The bill establishes a dedicated fund in the state treasury to support small communities accessing federal funding.