HB 70 Mississippi House · 2026 Regular Session

Small Business Bridge Loan Program; create.

HB 70 would have created Mississippi's Small Business Bridge Loan Program, providing short-term loans (up to $250,000 for 90-180 days) to small businesses operating in Mississippi for at least one year. The program would have established a revolving loan fund starting with $6 million over three years ($3M in 2027, $2M in 2028, $1M in 2029), funded by state appropriations and other sources, to help businesses access immediate financial assistance until they secure longer-term financing. Loans would require repayment into the fund to support future borrowers, with strict use limitations and department-determined terms. The bill died in committee on February 3, 2026, and did not become law.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 7, 2026 Last action Feb 3, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 7, 2026
Committee
Referred To Banking and Financial Services;Appropriations A
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of John Hines
John Hines
DDemocratic
MS
50