Bill Text | History of Actions | Background | Title |
Description: State budget; provide for various cost savings measures.
Bill Text: [Introduced]
| 1 | 02/23 (H) Referred To Appropriations | |
| 2 | 03/09 (H) Died In Committee |
| Effective date | July 1, 2004 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Stringer
Code Sections: A 027-0025-0506, A 027-0065-0075, A 027-0103-0125, A 027-0103-0139, A 027-0103-0211, A 043-0013-0407
Title: AN ACT TO AMEND SECTION 27-25-506, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT BEGINNING WITH FISCAL YEAR 2005, ALL AMOUNTS COLLECTED FROM CERTAIN TAX COLLECTIONS APPORTIONED TO THE STATE FROM OIL AND GAS SEVERANCE TAXES THAT DO NOT EXCEED TEN MILLION DOLLARS SHALL BE DEPOSITED INTO THE STATE GENERAL FUND, AND ALL AMOUNTS COLLECTED THAT EXCEED TEN MILLION DOLLARS SHALL BE DEPOSITED INTO THE BUDGET CONTINGENCY FUND; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO DELAY UNTIL 2006 THE SALES TAX DIVERSION THAT IS TO BE DEPOSITED INTO THE SPECIAL FUNDS TRANSFER FUND; TO AMEND SECTION 4, CHAPTER 556, LAWS OF 2003, TO CONFORM TO THE PRECEDING PROVISION; TO AMEND SECTIONS 27-103-125, 27-103-139 AND 27-103-211, MISSISSIPPI CODE OF 1972, TO REVISE THE PERCENTAGE LIMITATION ON LEGISLATIVE APPROPRIATIONS FROM THE STATE GENERAL FUND FOR FISCAL YEARS 2005 AND 2006; TO AMEND SECTION 43-13-407, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IN FISCAL YEAR 2005 AND EACH SUBSEQUENT FISCAL YEAR, THE FULL AMOUNT OF THE EARNINGS ON FUNDS IN THE HEALTH CARE TRUST FUND DURING THE PRECEDING FISCAL YEAR SHALL BE TRANSFERRED TO THE HEALTH CARE EXPENDABLE FUND; TO PROVIDE THAT THE FULL AMOUNT OF THE CALENDAR YEAR 2004 AND 2005 TOBACCO SETTLEMENT INSTALLMENT PAYMENTS RECEIVED BY THE STATE SHALL BE DEPOSITED INTO THE HEALTH CARE EXPENDABLE FUND; TO EXTEND THE REPEALER ON CERTAIN PROVISIONS OF THAT SECTION; AND FOR RELATED PURPOSES.
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2004/html/History/HB/HB1468.htm