2007 Regular Session
To: Military Affairs; Ways and Means
By: Representative Warren, Guice, Scott, Clark
AN ACT TO AMEND SECTIONS 33-4-1 AND 27-7-94, MISSISSIPPI CODE OF 1972, WHICH ESTABLISH THE MISSISSIPPI MILITARY FAMILY RELIEF FUND AND TAX CHECKOFF PROGRAM, TO EXTEND THE DATE OF REPEAL TO 2010; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 33-4-1, Mississippi Code of 1972, is amended as follows:
33-4-1. (1) A special fund to be designated the "Mississippi Military Family Relief Fund" is created in the State Treasury. The fund shall be maintained by the State Treasurer as a separate and special fund, separate and apart from the General Fund of the state. The fund shall consist of any money designated for deposit therein from any source, including, but not limited to, money designated for deposit therein by Section 27-7-94, and private contributions. Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund and any interest earned or investment earnings on amounts in the fund shall be deposited into the fund. Money in the fund shall be under the direction of the Military Department. Such funds shall be paid by the State Treasurer upon warrants issued by the Department of Finance and Administration, based upon recommendations made by the Adjutant General. Money in the fund shall be utilized to make grants to families that experience a financial hardship as a result of a family member who is a Mississippi resident and a member of the Mississippi National Guard or the Reserves of the Armed Forces of the United States being called to active duty as a result of the September 11, 2001, terrorist attacks. The Adjutant General shall establish eligibility requirements for receipt of the grants and the amount of the grants by rule no later than December 31, 2005.
(2) This section shall stand repealed from and after January 1, 2010.
SECTION 2. Section 27-7-94, Mississippi Code of 1972, is amended as follows:
27-7-94. (1) Each resident individual taxpayer who files a Mississippi income tax return and who will receive a tax refund from the State Tax Commission may designate that a contribution be made to the Mississippi Military Family Relief Fund created in Section 33-4-1, to authorize resident individual income taxpayers to designate any portion of their tax refund for deposit into the Mississippi Military Family Relief Fund by marking the appropriate box printed on the return pursuant to this subsection. In the case of a joint return, each spouse may designate that a portion of the refund shall be paid to such fund.
The State Tax Commission shall print on the Mississippi income tax form for residents a space for designating the contribution in substantially the following form:
"Mississippi Military Family Relief Fund
I wish to contribute ( ) $1 ( ) $5 ( ) $10 ( ) Other $____ of my tax refund to the Mississippi Military Family Relief Fund."
(2) The State Tax Commission shall explain in the instructions accompanying the individual income tax form the purposes for which the contributions authorized herein shall be used.
(3) This section shall apply to taxable years beginning on or after January 1, 2005.
(4) The Chairman of the State Tax Commission shall determine annually the total amount designated by individuals to be paid to the fund, along with all interest earned thereon, and shall report such amount to the State Treasurer who shall pay such amount into the Mississippi Military Family Relief Fund.
(5) This section shall stand repealed from and after January 1, 2010.
SECTION 3. This act shall take effect and be in force from and after July 1, 2007.