Mississippi Legislature

1999 Regular Session

House Bill 1316

[Introduced] [Passed House] [Sent to Governor]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Mississippi Prepaid Affordable College Tuition Program; revise various provisions.

History of Actions:

101/18/99(H)Referred To Universities and Colleges
201/27/99(H)Title Suff Do Pass
302/04/99(H)Passed
402/05/99(H)Transmitted To Senate
502/09/99(S)Referred To Universities and Colleges;Finance
602/17/99(S)DR - TSDP: UC To FI
703/02/99(S)Title Suff Do Pass
803/03/99(S)Passed
903/04/99(S)Transmitted To House
1003/09/99(H)Enrolled Bill Signed
1103/10/99(S)Enrolled Bill Signed
1203/16/99Approved by Governor

Background Information:

Effective dateJuly 1, 1999
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredYes
Chapter number378

House Committee:

Senate Committees:

Principal Author: Bourdeaux

Code Sections: A 037-0155-0005, A 037-0155-0007, A 037-0155-0011, A 037-0155-0017, A 037-0155-0021

Title: AN ACT RELATING TO THE MISSISSIPPI PREPAID AFFORDABLE COLLEGE TUITION (MPACT) PROGRAM; TO AMEND SECTION 37-155-5, MISSISSIPPI CODE OF 1972, TO REVISE CERTAIN DEFINITIONS RELATING TO THE PROGRAM; TO AMEND SECTION 37-155-7, MISSISSIPPI CODE OF 1972, TO CLARIFY THE NUMBER OF MEMBERS ON THE BOARD OF DIRECTORS OF THE MPACT PROGRAM TRUST FUND; TO AMEND SECTION 37-155-11, MISSISSIPPI CODE OF 1972, TO INCREASE THE MAXIMUM NUMBER OF YEARS FOR WHICH TUITION AND FEES MAY BE PAID UNDER THE MPACT SENIOR COLLEGE PLAN AND JUNIOR-SENIOR COLLEGE PLAN; TO AMEND SECTION 37-155-17, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT THE PAYOR OF A PREPAID TUITION CONTRACT IS ENTITLED TO THE TAX BENEFITS ASSOCIATED WITH THE CONTRACT; TO AMEND SECTION 37-155-21, MISSISSIPPI CODE OF 1972, TO DELETE THE REQUIREMENT THAT THE BOARD'S ANNUAL STATEMENT TO PURCHASERS BE FURNISHED BEFORE DECEMBER 1; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/28/99 at 00:00.



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