Mississippi Legislature
2002 Regular Session

House Bill 30

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Bill Text

History of Actions

Background

Title

Description: Special funds; Treasurer may transfer excess funds into a budget supplemental fund for legislative appropriation.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Appropriations
2 02/05 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: Fleming

Code Sections: A 027-0103-0203, A 031-0017-0105

Title: AN ACT TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE KNOWN AS THE LEGISLATIVE BUDGET SUPPLEMENTAL FUND, TO PROVIDE SUPPLEMENTAL FUNDS THAT MAY BE APPROPRIATED BY THE LEGISLATURE FOR ANY LAWFUL PURPOSE DURING THE UPCOMING FISCAL YEAR; TO PROVIDE THAT ANY MONIES IN THE FUND THAT ARE NOT EXPENDED BY THE END OF THE FISCAL YEAR FOLLOWING THE FISCAL YEAR IN WHICH THEY WERE DEPOSITED INTO THE FUND SHALL BE TRANSFERRED INTO THE WORKING CASH-STABILIZATION RESERVE FUND; TO PROVIDE THAT AFTER THE END OF EACH FISCAL YEAR, THE STATE TREASURER SHALL DETERMINE THE AMOUNT IN CERTAIN SPECIAL FUNDS AND THE AMOUNT OF INTEREST EARNED ON THOSE SPECIAL FUNDS, AND SHALL REPORT THOSE AMOUNTS TO THE LEGISLATURE; TO AUTHORIZE THE TREASURER TO TRANSFER INTO THE LEGISLATIVE BUDGET SUPPLEMENTAL FUND MONIES FROM THOSE SPECIAL FUNDS THAT ARE NOT OBLIGATED FOR OTHER PURPOSES, IF THE TREASURER DETERMINES THAT THE MONIES IN THE SPECIAL FUNDS ARE NOT NEEDED FOR THE PURPOSES OF THE FUNDS; TO AMEND SECTIONS 27-103-203 AND 31-17-105, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/05/02 at 17:41.

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