Bill Text | History of Actions | Background | Title |
Description: Special funds; Treasurer may transfer excess funds into a budget supplemental fund for legislative appropriation.
Bill Text: [Introduced]
| 1 | 01/08 (H) Referred To Appropriations | |
| 2 | 02/05 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Fleming
Code Sections: A 027-0103-0203, A 031-0017-0105
Title: AN ACT TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE KNOWN AS THE LEGISLATIVE BUDGET SUPPLEMENTAL FUND, TO PROVIDE SUPPLEMENTAL FUNDS THAT MAY BE APPROPRIATED BY THE LEGISLATURE FOR ANY LAWFUL PURPOSE DURING THE UPCOMING FISCAL YEAR; TO PROVIDE THAT ANY MONIES IN THE FUND THAT ARE NOT EXPENDED BY THE END OF THE FISCAL YEAR FOLLOWING THE FISCAL YEAR IN WHICH THEY WERE DEPOSITED INTO THE FUND SHALL BE TRANSFERRED INTO THE WORKING CASH-STABILIZATION RESERVE FUND; TO PROVIDE THAT AFTER THE END OF EACH FISCAL YEAR, THE STATE TREASURER SHALL DETERMINE THE AMOUNT IN CERTAIN SPECIAL FUNDS AND THE AMOUNT OF INTEREST EARNED ON THOSE SPECIAL FUNDS, AND SHALL REPORT THOSE AMOUNTS TO THE LEGISLATURE; TO AUTHORIZE THE TREASURER TO TRANSFER INTO THE LEGISLATIVE BUDGET SUPPLEMENTAL FUND MONIES FROM THOSE SPECIAL FUNDS THAT ARE NOT OBLIGATED FOR OTHER PURPOSES, IF THE TREASURER DETERMINES THAT THE MONIES IN THE SPECIAL FUNDS ARE NOT NEEDED FOR THE PURPOSES OF THE FUNDS; TO AMEND SECTIONS 27-103-203 AND 31-17-105, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB0030.htm