Mississippi Legislature

1997 Regular Session

House Bill 1616

[Introduced] [Passed House] [Sent to Governor]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Ayers Endowment Fund; create to provide certain funding for JSU, ASU and MVSU.

History of Actions:

101/20/97(H)Referred To Appropriations
201/30/97(H)Title Suff Do Pass
302/03/97(H)Passed
402/04/97(H)Transmitted To Senate
502/06/97(S)Referred To Appropriations
602/27/97(S)Title Suff Do Pass As Amended
703/05/97(S)Amended
803/05/97(S)Passed As Amended
903/06/97(S)Returned For Concurrence
1003/17/97(H)Decline to Concur/Invite Conf
1103/18/97(H)Conferees Named Capps,Foster,Perry
1203/24/97(S)Conferees Named Hall,Jordan (18th),Burton
1304/01/97(S)Conference Report Adopted
1404/02/97(H)Conference Report Adopted
1504/05/97(H)Enrolled Bill Signed
1604/07/97(S)Enrolled Bill Signed
1704/07/97Due From Governor 04/24/97
1804/24/97Approved by Governor

Background Information:

Effective dateJuly 1, 1997
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo
Chapter number583

House Committee:

Senate Committee:

Principal Author: Ford

Code Section: A 027-0103-0203

Title: AN ACT TO CREATE WITHIN THE WORKING CASH-STABILIZATION RESERVE FUND IN THE STATE TREASURY A TRUST TO BE KNOWN AS THE AYERS ENDOWMENT TRUST; TO PROVIDE THAT THE INTEREST AND INCOME FROM THE INVESTMENT OF THE PRINCIPAL OF THE AYERS ENDOWMENT TRUST SHALL BE APPROPRIATED TO THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING FOR THE BENEFIT OF JACKSON STATE UNIVERSITY, ALCORN STATE UNIVERSITY AND MISSISSIPPI VALLEY STATE UNIVERSITY, TO BE USED FOR CONTINUING EDUCATIONAL ENHANCEMENT AND RACIAL DIVERSITY; TO PROVIDE THAT THE CREATION OF THE AYERS ENDOWMENT TRUST SHALL BE TO COMPLY WITH THE COURT ORDER IN THE CASE OF AYERS V. FORDICE WITH REGARD TO JACKSON STATE UNIVERSITY AND ALCORN STATE UNIVERSITY, AND TO PROVIDE EQUAL FUNDING TO MISSISSIPPI VALLEY STATE UNIVERSITY FOR THE SAME PURPOSES; TO AMEND SECTION 27-103-203, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT $15,000,000.00 SHALL REMAIN AVAILABLE FOR THE AYERS ENDOWMENT TRUST; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/25/97 at 12:25.



End Of Document

1997/History/HB\HB1616.htm