Mississippi Legislature
2001 Regular Session

House Bill 1471

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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]

History of Actions:

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

Amendments/Conference Report:

Adopted [S] Amendment No 1

Conference Report

Background Information:

Effective datePassage
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number520

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.


Information pertaining to this measure was last updated on 03/30/01 at 00:01.

End Of Document
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