MISSISSIPPI LEGISLATURE

1997 Regular Session

To: Education; Appropriations

By: Representative Moak

AN ACT TO AMEND SECTION 37-43-41, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE LEGISLATURE SHALL APPROPRIATE FOR FISCAL YEAR 1997-1998 AN INCREASE OF NOT LESS THAN ONE MILLION DOLLARS TO THE STATE TEXTBOOK FUND OF MISSISSIPPI OVER THE AMOUNT THAT WAS APPROPRIATED BY THE LEGISLATURE TO THE STATE TEXTBOOK FUND FOR FISCAL YEAR 1996-1997; AND FOR RELATED PURPOSES. 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Section 37-43-41, Mississippi Code of 1972, is amended as follows:

37-43-41. The State Textbook Fund of Mississippi shall consist of the amounts appropriated by the Legislature for the same, all monies accruing from the sale of disused books from other than public schools, all monies derived from the purchase of books by both public and private schools trustees, and by private individuals, all monies collected in damage suits under the terms of this chapter, and all other monies collected in any way whatsoever under the terms of this chapter. The Legislature shall appropriate for fiscal year 1997-1998 an increase of not less than One Million Dollars ($1,000,000.00) to the State Textbook Fund over the amount that was appropriated by the Legislature to the State Textbook Fund for fiscal year 1996-1997.

There is * * * created a special fund in the State Treasury to be designated as the "Local School District Textbook Carryover Fund." The fund shall be credited with any funds which were appropriated by the Legislature to the State Textbook Fund for any fiscal year in which the funds were allocated to local school districts but unexpended by the districts. The unexpended funds shall be deposited by the board into the Local School District Textbook Carryover Fund to the credit of the local school districts which were originally allocated such funds. All carryover funds which exist on June 30, 1997, that belong to public school districts shall be disbursed to the respective school districts. Carryover funds for other than public schools shall be handled in the same manner as previously described in this section.

SECTION 2. This act shall take effect and be in force from and after July 1, 1997.