Educational Facilities Revolving Loan Fund Program; provide for DFA to receive payments on approved loans from.

SB 2606 handles the final financial steps for Mississippi's Educational Facilities Revolving Loan Fund Program. It directs the Department of Finance and Administration to collect repayments from school districts that borrowed for facility projects, deposit those funds into the Education Enhancement Fund, and withhold future state payments from districts with late loan repayments. The bill also requires transferring all remaining funds from the old loan program into the Education Enhancement Fund and sets a sunset date of July 1, 2034, for its key provisions. This bill directly affects school districts that used the program to finance educational facilities.