History of Actions | Background | Title |
Description: Repair and Renovation Fund; provide source of funding.
| 1 | 01/13/99 | (S) | Referred To Appropriations | |
| 2 | 02/02/99 | (S) | Died In Committee |
| Effective date | October 15, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
Senate Committee:
Principal Author: Jackson
Code Sections: A 027-0103-0203, A 027-0103-0125, A 027-0103-0139
Title: 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; TO PROVIDE FOR THE TRANSFER OF A CERTAIN AMOUNT OF FUNDS FROM THE WORKING CASH-STABILIZATION RESERVE FUND TO THE STATE AGENCY REPAIR AND RENOVATION FUND, THE INSTITUTIONS OF HIGHER LEARNING REPAIR AND RENOVATION FUND AND THE COMMUNITY COLLEGE REPAIR AND RENOVATION FUND; TO AMEND SECTION 27-103-203, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT UNDER CERTAIN CIRCUMSTANCES A CERTAIN AMOUNT OF UNENCUMBERED CASH IN THE GENERAL FUND SHALL BE TRANSFERRED TO THE REPAIR AND RENOVATION FUNDS; TO AMEND SECTIONS 27-103-125 AND 27-103-139, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FOR THE PURPOSE OF THE FORMULATION OF A BALANCED BUDGET FOR THE STATE, THE UNENCUMBERED BALANCES IN GENERAL FUNDS THAT WILL BE AVAILABLE AT THE CLOSE OF THE FISCAL YEAR SHALL NOT INCLUDE PROJECTED AMOUNTS REQUIRED TO BE DEPOSITED INTO THE REPAIR AND RENOVATION FUND; AND FOR RELATED PURPOSES.
End Of Document
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