Budget; provide for various transfers of funds, and create various special funds.
What changed between versions
Added specific directives for the State Treasurer to transfer $808.1 million from the Capital Expense Fund and $93.7 million from the Education Enhancement Fund to numerous new and existing special funds.
Created four new special funds: the 2026 Local Improvements Projects Fund, USM Science Research Fund, Cancer Center Fund, and Mississippi Cybersecurity Center Fund.
Removed the detailed line-item breakdown of specific construction projects and dollar amounts allocated to individual universities that previously defined the bill's primary purpose.
Changed the legislative intent from specifying exact project scopes to authorizing broad fund transfers to support infrastructure and research initiatives.
Added requirements for biannual and quarterly reporting by the Department of Finance and Administration and receiving entities to track fund usage and project progress.