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Mississippi Governor Vetoes Winter Storm Relief Bill

Governor Tate Reeves vetoed a bill to aid local governments with low-interest loans after Winter Storm Fern, citing unconstitutional changes to loan terms and calling for an investigation.

  • On Monday, Mississippi Gov. Tate Reeves vetoed Senate Bill 2632, alleging unconstitutional modifications to the disaster-recovery loan program after final passage and calling the act "possibly criminal."
  • At issue is removal of the word "monthly" from the interest rate provision; Lt. Gov. Delbert Hosemann called it an "inadvertent typo" ensuring a 1 percent annual rate instead of a 12 percent charge.
  • Senate Government Affairs Committee Chairman Sen. Tyler McCaughn moved to remove the term on March 13, stating that "charging 12 percent is like kicking somebody when they are down."
  • Oxford Mayor Robyn Tannehill noted the city expects $7 million in costs soon, forcing local governments to seek costlier alternatives after the veto halted anticipated relief.
  • Lawmakers could override the veto with a two-thirds majority in both chambers, though Reeves demanded an investigation into the procedural changes while legislative leaders dismissed his claims as "inaccurate.
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  • 63% of the sources are Center
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Mississippi Today broke the news in on Tuesday, March 24, 2026.
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