MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Public Property

By: Senator(s) Jackson

Senate Bill 2940

(As Passed the Senate)

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; AND FOR RELATED PURPOSES. 

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

SECTION 1. There is hereby created in the State Treasury a special fund to be designated as the "Institutions of Higher Learning Repair and Renovation Fund" which shall consist of monies appropriated or otherwise made available therefor by the Legislature. Interest earned on monies in the special fund shall be deposited to the credit of such fund and money shall not lapse at the end of the fiscal year into the State General Fund. Money in the special fund shall be appropriated by the Legislature and allocated by the Bureau of Building, Grounds and Real Property Management, Department of Finance and Administration, for the repair, renovation and improvement of existing facilities under the control of the state institutions of higher learning, including utility infrastructure projects; heating, ventilation and air conditioning systems; and the replacement of furniture and equipment. However, the cost of such repair, renovation and improvement for any one project shall not exceed One Million Dollars ($1,000,000.00). For the purposes of this section, the term "furniture and equipment" shall be limited to the types of furniture and equipment items previously recorded in the institution's inventory.

SECTION 2. (1) There is hereby created in the State Treasury a special fund to be designated as the "Community College Repair and Renovation Fund" which shall consist of monies appropriated or otherwise made available therefor by the Legislature. Within the special fund, the State Treasury shall establish a subaccount for each community and junior college. Interest earned on monies in the special fund shall be deposited to the credit of such fund and money shall not lapse at the end of the fiscal year into the State General Fund. Money in the special fund shall be appropriated by the Legislature and allocated by the Bureau of Building, Grounds and Real Property Management, Department of Finance and Administration, for the repair, renovation and improvement of existing facilities owned by the community and junior colleges, including utility infrastructure projects; heating, ventilation and air conditioning systems; and the replacement of furniture and equipment. However, the cost of such repair, renovation and improvement for any one project shall not exceed One Million Dollars ($1,000,000.00).

(2) Monies in the special fund shall be allocated to each community college's subaccount as follows:

(a) One-half (1/2) divided equally among the fifteen (15) public community and junior colleges; and

(b) One-half (1/2) divided upon the basis of the number of full-time academic, technical and vocational public community and junior college students actually enrolled and in attendance on the last day of the sixth week of the Fall semester of the preceding year counting only those students who reside within the State of Mississippi. On or before December 1 of each year, the State Board of Community and Junior Colleges shall furnish the Bureau of Building, Grounds and Real Property Management, the Department of Finance and Administration, the enrollment information required in this paragraph (b), including the percentage of statewide enrollment attributed to each community and junior college.

(3) For the purposes of this section, the term "furniture and equipment" shall be limited to the types of furniture and equipment items previously recorded in the community college's inventory.

SECTION 3. There is hereby created in the State Treasury a special fund to be designated as the "State Agency Repair and Renovation Fund" which shall consist of monies appropriated or otherwise made available therefor by the Legislature. Interest earned on monies in the special fund shall be deposited to the credit of such fund and money shall not lapse at the end of the fiscal year into the State General Fund. Money in the special fund shall be appropriated by the Legislature and allocated by the Bureau of Building, Grounds and Real Property Management, Department of Finance and Administration, for the repair, renovation and improvement of existing facilities owned by the State of Mississippi, except for those facilities under the control of the institutions of higher learning and those facilities owned by the community and junior colleges. Such repair, renovation and improvements shall include utility infrastructure projects; heating, ventilation and air conditioning systems; and the replacement of furniture and equipment owned by the State of Mississippi. However, the cost of such repair, renovation and improvement for any one project shall not exceed One Million Dollars ($1,000,000.00). For the purposes of this section, the term "furniture and equipment" shall be limited to the types of furniture and equipment items previously recorded in the agency's inventory.

SECTION 4. This act shall take effect and be in force from and after its passage.