Mississippi Legislature

1998 Regular Session

Senate Bill 2941

[Introduced] [Passed Senate]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Repair and Renovation Fund; provide source of funding.

History of Actions:

101/19/98(S)Referred To Finance
202/03/98(S)Title Suff Do Pass
302/05/98(S)Passed
402/06/98(S)Transmitted To House
502/10/98(H)Referred To Appropriations
603/03/98(H)Died In Committee

Background Information:

Effective dateOctober 15, 1998
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committee:

House Committee:

Principal Author: Jackson

Code Sections: A 027-0103-0203, A 027-0103-0125, A 027-0103-0139

Title: AN ACT TO CREATE A SPECIAL FUND TO BE DESIGNATED AS THE "INSTITUTIONS OF HIGHER LEARNING REPAIR AND RENOVATION FUND" TO BE USED FOR THE REPAIR, RENOVATION AND IMPROVEMENT OF EXISTING FACILITIES UNDER THE CONTROL OF THE STATE INSTITUTIONS OF HIGHER LEARNING; TO CREATE A SPECIAL FUND TO BE DESIGNATED AS THE "COMMUNITY COLLEGE REPAIR AND RENOVATION FUND" TO BE USED FOR THE REPAIR, RENOVATION AND IMPROVEMENT OF EXISTING FACILITIES OWNED BY THE COMMUNITY AND JUNIOR COLLEGES; TO CREATE A SPECIAL FUND TO BE DESIGNATED AS THE "STATE AGENCY REPAIR AND RENOVATION FUND" TO BE USED FOR THE REPAIR, RENOVATION AND IMPROVEMENT OF EXISTING FACILITIES OWNED BY THE STATE OF MISSISSIPPI, EXCEPT FOR THOSE FACILITIES UNDER THE CONTROL OF STATE INSTITUTIONS OF HIGHER LEARNING AND THOSE FACILITIES OWNED BY COMMUNITY AND JUNIOR COLLEGES; TO PROVIDE FOR THE TRANSFER OF A CERTAIN AMOUNT OF FUNDS FROM THE WORKING-CASH STABILIZATION RESERVE FUND TO THE STATE AGENCY REPAIR AND RENOVATION FUND, THE INSTITUTIONS OF HIGHER LEARNING REPAIR AND RENOVATION FUND AND THE COMMUNITY COLLEGE REPAIR AND RENOVATION FUND; TO AMEND SECTION 27-103-203, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT UNDER CERTAIN CIRCUMSTANCES A CERTAIN AMOUNT OF UNENCUMBERED CASH IN THE GENERAL FUND SHALL BE TRANSFERRED TO THE REPAIR AND RENOVATION FUNDS; TO AMEND SECTIONS 27-103-125 AND 27-103-139, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FOR THE PURPOSE OF THE FORMULATION OF A BALANCED BUDGET FOR THE STATE, THE UNENCUMBERED BALANCES IN GENERAL FUNDS THAT WILL BE AVAILABLE AT THE CLOSE OF THE FISCAL YEAR SHALL NOT INCLUDE PROJECTED AMOUNTS REQUIRED TO BE DEPOSITED INTO THE REPAIR AND RENOVATION FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/03/98 at 17:00.



End Of Document

1998/History/SB\SB2941.htm