MISSISSIPPI LEGISLATURE

2014 2nd Extraordinary Session

To: Appropriations

By: Senator(s) Clarke, Collins, Jolly, Jordan, Simmons (12th), Ward, Bryan, McDaniel, Browning, Wilemon, Kirby, Carmichael, Gollott, Watson, Moran, Polk, Norwood, Chassaniol, Jackson (15th), Tindell, Doty, Longwitz, Frazier, Butler (38th), Fillingane, Harkins, Parks, Jackson (11th), Smith, Massey, Hopson, Tollison, Burton, Dawkins, Lee, Brown, Jones, Simmons (13th), Jackson (32nd), Turner, Butler (36th), Horhn, Gandy, Parker, Hale, Hill, Hudson, Wiggins, Stone, Montgomery, Sojourner

Senate Bill 2001

(As Sent to Governor)

AN ACT TO DIRECT THE STATE FISCAL OFFICER TO TRANSFER A CERTAIN SUM FROM THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND TO THE DISASTER ASSISTANCE TRUST FUND; AND FOR RELATED PURPOSES.

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

     SECTION 1.  During fiscal year 2014, the State Fiscal Officer shall transfer the sum of Seventeen Million Dollars ($17,000,000.00) from the Motor Vehicle Ad Valorem Tax Reduction Fund created in Section 27-51-105 (Fund No. 3769) to the Disaster Assistance Trust Fund created in Section 33-15-307 (Fund No. 3725).

     It is the intent of the Legislature that the Mississippi Emergency Management Agency may use the funds transferred herein to pay the local cost share for debris removal for DR-4175 and to advance funds to local jurisdictions for estimated and eligible costs for DR-4175.

     SECTION 2.  This act shall take effect and be in force from and after its passage.