MISSISSIPPI LEGISLATURE
2002 Regular Session
To: Appropriations
By: Representative Capps
AN ACT TO DIRECT THE STATE TREASURER TO TRANSFER CERTAIN FUNDS INTO THE BUDGET CONTINGENCY FUND; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The State Treasurer shall transfer to the Budget Contingency Fund created in Senate Bill No. 2680, 2001 Regular Session, out of the following enumerated special funds, amounts listed below for each special fund throughout the period beginning upon passage of this act and through June 30, 2002:
Agency/Fund Fund No. Amount
Unclaimed Property Fund 3178 $ 4,000,000.00
Department of Transportation 3941 $ 1,400,000.00
Workers' Compensation Trust Fund 3642 $ 3,400,000.00
Tort Claims Fund 3080 $ 4,000,000.00
Employment Compensation Revolving
Fund 3644 $ 1,000,000.00
Mississippi Management Reporting
System 3125 $ 4,000,000.00
Department of Environmental
Quality 3584/3586 $16,400,000.00
Department of Insurance 3501 $ 1,000,000.00
State Fire Academy 3502 $ 700,000.00
State Aid Road 3948 $ 7,400,000.00
Department of Banking and
Consumer Finance 3511/3512 $ 2,500,000.00
Gaming Commission 3188 $ 500,000.00
Board of Public Contractors 3834 $ 1,200,000.00
Board of Engineers and Land
Surveyors 3842 $ 500,000.00
Medical Licensure Board 3829 $ 1,000,000.00
Real Estate Commission 3832 $ 1,200,000.00
Board of Pharmacy 3846 $ 500,000.00
Board of Cosmetology 3822 $ 500,000.00
Board of Nursing 3838 $ 500,000.00
Mississippi Development Authority
Cap Loan Program Funds $ 2,000,000.00
Working Cash-Stabilization Reserve
Fund $ 9,000,000.00
Total $62,700,000.00
In addition to the amounts transferred to the Budget Contingency Fund under the provisions of this act, the Budget Contingency Fund is hereby authorized to receive any additional funds that may become available to the fund from any source during Fiscal Year 2002.
SECTION 2. This act shall take effect and be in force from and after its passage.