Senate grants unanimous consent to correct loan-program language — '1% for the year' not '1% monthly'
March 14, 2026 | Local and Private, Senate, Committees, Legislative, Mississippi
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Senate Bill 26-32 (local government disaster recovery emergency loan program) was called up on a scrivener-correction request. Senator McCaughton asked unanimous consent to strike the word "monthly" from a line that had been printed as 1% monthly; the senator explained the intent was a 1% charge for the year rather than a monthly rate.
"The intent was not to do 1% monthly. It was to do 1% for the year," Senator McCaughton said when asking the Senate to approve the correction. The presiding officer asked if there were objections; seeing none, unanimous consent was granted and the clerk and staff were thanked for updating the language. The change was recorded on the floor as a clerical correction rather than a policy amendment.
"The intent was not to do 1% monthly. It was to do 1% for the year," Senator McCaughton said when asking the Senate to approve the correction. The presiding officer asked if there were objections; seeing none, unanimous consent was granted and the clerk and staff were thanked for updating the language. The change was recorded on the floor as a clerical correction rather than a policy amendment.
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