Mississippi Legislature
2007 Regular Session

House Bill 650

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Bill Text

History of Actions

Background

Title

Description: State General Fund; provide for distribution of unencumbered balance among several funds.

Bill Text: [Introduced]

History of Actions:

1 01/09 (H) Referred To Appropriations
2 01/30 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Stringer

Code Sections: A 027-0103-0203, A 021-0033-0401

Title: AN ACT TO PROVIDE THAT THE UNENCUMBERED CASH BALANCE IN THE STATE GENERAL FUND AT THE CLOSE OF EACH FISCAL YEAR SHALL BE DISTRIBUTED TO THE MUNICIPAL REVOLVING FUND, THE WORKING CASH-STABILIZATION RESERVE FUND AND THE CAPITAL EXPENSE FUND; TO SPECIFY THE AMOUNTS THAT SHALL BE DISTRIBUTED TO EACH OF THOSE FUNDS AND THE AMOUNT THAT SHALL REMAIN IN THE GENERAL FUND; TO CREATE THE CAPITAL EXPENSE FUND AS A SPECIAL FUND IN THE STATE TREASURY; TO PROVIDE THAT THE CAPITAL EXPENSE FUND SHALL BE USED FOR CAPITAL EXPENSE NEEDS, REPAIR AND RENOVATION OF STATE-OWNED PROPERTIES, SPECIFIC PROJECTS AUTHORIZED BY THE LEGISLATURE AND EMERGENCY REPAIRS ON STATE-OWNED BUILDINGS; TO AMEND SECTIONS 27-103-203 AND 21-33-401, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/07 at 18:55.

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