Bill Text | History of Actions | Background | Title |
Description: State General Fund; provide for distribution of unencumbered balance among several funds.
Bill Text: [Introduced]
| 1 | 01/09 (H) Referred To Appropriations | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Stringer
Code Sections: A 027-0103-0203, A 021-0033-0401
Title: AN ACT TO PROVIDE THAT THE UNENCUMBERED CASH BALANCE IN THE STATE GENERAL FUND AT THE CLOSE OF EACH FISCAL YEAR SHALL BE DISTRIBUTED TO THE MUNICIPAL REVOLVING FUND, THE WORKING CASH-STABILIZATION RESERVE FUND AND THE CAPITAL EXPENSE FUND; TO SPECIFY THE AMOUNTS THAT SHALL BE DISTRIBUTED TO EACH OF THOSE FUNDS AND THE AMOUNT THAT SHALL REMAIN IN THE GENERAL FUND; TO CREATE THE CAPITAL EXPENSE FUND AS A SPECIAL FUND IN THE STATE TREASURY; TO PROVIDE THAT THE CAPITAL EXPENSE FUND SHALL BE USED FOR CAPITAL EXPENSE NEEDS, REPAIR AND RENOVATION OF STATE-OWNED PROPERTIES, SPECIFIC PROJECTS AUTHORIZED BY THE LEGISLATURE AND EMERGENCY REPAIRS ON STATE-OWNED BUILDINGS; TO AMEND SECTIONS 27-103-203 AND 21-33-401, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB0650.htm