MISSISSIPPI LEGISLATURE

2000 Regular Session

To: Agriculture

By: Representatives Hamilton, Holland, Eaton

AN ACT TO AMEND SECTION 49-19-27, MISSISSIPPI CODE OF 1972, TO DELETE THE REPEALER ON THE TREE SEEDLING REVOLVING FUND; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Section 49-19-27, Mississippi Code of 1972, is amended as follows:

49-19-27. (1) There is created in the State Treasury a fund designated as the Tree Seedling Revolving Fund. * * * The State Forestry Commission shall use the fund to contract for the production or purchase of tree seedlings * * *, for resale to Mississippi landowners for reforestation.

(2) The Tree Seedling Revolving Fund shall be funded by monies received from the sale of contract seedlings to Mississippi landowners. Monies collected from the sales shall be deposited into the Tree Seedling Revolving Fund. The State Treasurer shall make disbursements * * * for payment of production or purchase of seedlings upon requisition by the Forestry Commission and upon the issuance of warrants * * * by the Department of Finance and Administration.

(3) The Tree Seedling Revolving Fund is created to supplement the State Forestry Commission's seedling production capacity and not for its replacement.

 * * *

SECTION 2. This act shall take effect and be in force from and after its passage.