Mississippi Workforce Innovation Performance Loan Fund; establish.

HB 841 establishes the Mississippi Workforce Innovation Performance Loan Fund to provide zero-interest loans to eligible training providers like community colleges, nonprofits, and public-private partnerships. Loans range from $250,000 to $1 million per project and are partially or fully forgiven based on trainee job placement rates: 80%+ placement results in 100% forgiveness, 70-80% results in partial forgiveness, and below 70% requires repayment. The Mississippi Development Authority administers the program, requiring providers to verify outcomes through wage records or employer confirmation and submit performance reports. Unforgiven loan amounts are repaid into the fund for future use, with all funds maintained separately in the state treasury.