Mississippi Legislature

1998 Regular Session

House Bill 616

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Fire Fighters Burn Center Memorial Endowment Fund; create and transfer general funds for 20 years.

History of Actions:

101/06/98(H)Referred To Appropriations
202/03/98(H)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Thornton

Code Section: A 007-0009-0070

Title: AN ACT TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE KNOWN AS THE MISSISSIPPI FIRE FIGHTERS MEMORIAL BURN CENTER ENDOWMENT FUND; TO PROVIDE FOR THE TRANSFER OF ONE MILLION DOLLARS FROM THE STATE GENERAL FUND TO THE ENDOWMENT FUND DURING EACH OF THE NEXT 20 FISCAL YEARS; TO PROVIDE THAT THE STATE TREASURER SHALL INVEST THE MONIES IN THE ENDOWMENT FUND; TO PROVIDE THAT AFTER 20 YEARS, THE SUM OF THE AMOUNTS TRANSFERRED FROM THE GENERAL FUND TO THE ENDOWMENT FUND SHALL BE RETURNED TO THE GENERAL FUND, AND THE REMAINDER OF THE MONIES IN THE ENDOWMENT FUND SHALL BE TRANSFERRED TO THE MISSISSIPPI FIRE FIGHTERS MEMORIAL BURN CENTER FUND TO BE PART OF THE PRINCIPAL OF THAT TRUST FUND; TO AMEND SECTION 7-9-70, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:29.



End Of Document

1998/History/HB\HB0616.htm