Bill Text | History of Actions | Amendments | Background | Title |
Description: Ayers Settlement Fund; create and fund with Working Cash-Stabilization Reserve Fund interest.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
1 | 01/15 (H) Referred To Appropriations | |
2 | 01/25 (H) Title Suff Do Pass | |
3 | 01/30 (H) Passed | |
4 | 01/31 (H) Transmitted To Senate | |
5 | 02/07 (S) Referred To Appropriations | |
6 | 02/27 (S) Title Suff Do Pass As Amended | |
7 | 02/28 (S) Amended | |
8 | 02/28 (S) Passed As Amended | |
9 | 03/02 (S) Returned For Concurrence | |
10 | 03/13 (H) Decline to Concur/Invite Conf | |
11 | 03/19 (H) Conferees Named Capps,Holland,Flaggs | |
12 | 03/20 (S) Conferees Named Gordon,Thames,Burton | |
13 | 03/23 (H) Conference Report Filed | |
14 | 03/23 (S) Conference Report Filed | |
15 | 03/24 (S) Conference Report Adopted | |
16 | 03/24 (H) Conference Report Adopted | |
17 | 03/24 (H) Enrolled Bill Signed | |
18 | 03/24 (S) Enrolled Bill Signed | |
19 | 03/30 Vetoed     (Veto Message) | |
20 | 03/30 (H) Veto Referred To Appropriations | |
21 | 03/30 (H) Pass Veto Notwithstanding | |
22 | 03/30 (H) Veto Overridden | |
23 | 03/30 (S) Veto Overridden |
Adopted | [S] | Amendment No 1 |
Effective date | Passage | |
Disposition | Law | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority | |
Chapter number | 520 |
House Committee:
Senate Committee:
Principal Author: Ford
Code Sections: A 037-0101-0027, A 027-0103-0203
Title: AN ACT TO AMEND SECTION 37-101-27, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE CREATION OF AN AYERS SETTLEMENT FUND IN THE STATE TREASURY FOR THE PURPOSE OF PROVIDING FUNDS TO THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO ESTABLISH A PUBLIC ENDOWMENT FOR THE BENEFIT OF JACKSON STATE UNIVERSITY, ALCORN STATE UNIVERSITY AND MISSISSIPPI VALLEY STATE UNIVERSITY, AND TO REPEAL THE AYERS ENDOWMENT TRUST WITHIN THE WORKING CASH-STABILIZATION RESERVE FUND WHEN DEPOSITS TO THE AYERS SETTLEMENT FUND HAVE REACHED A CERTAIN AMOUNT; TO AMEND SECTION 27-103-203, MISSISSIPPI CODE OF 1972, TO REQUIRE A CERTAIN AMOUNT OF INTEREST EARNED ON THE WORKING CASH-STABILIZATION RESERVE FUND TO BE DEPOSITED INTO THE AYERS SETTLEMENT FUND, TO DELETE THE "HOUSE BILL 400" PROVISION WHICH REQUIRES THAT 50% OF THE UNENCUMBERED YEAR-END CASH BALANCE BE TRANSFERRED INTO THE EDUCATION ENHANCEMENT FUND, AND TO PROVIDE THAT ANY SUCH UNENCUMBERED YEAR-END CASH SHALL REMAIN IN THE STATE GENERAL FUND; AND FOR RELATED PURPOSES.
End Of Document
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