MISSISSIPPI LEGISLATURE
2000 Regular Session
To: Appropriations
By: Representatives Read, Eakes, Broomfield, Brown, Coleman (29th), Denny, Flaggs, Gadd, Livingston, Martinson, Mitchell
House Bill 1645
AN ACT APPROVING THE EXPENDITURE OF SPECIAL FUNDS FOR THE PURPOSE OF DEFRAYING THE EXPENSES OF THE STATE BOARD OF COSMETOLOGY FOR THE FISCAL YEAR 2001.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The following sum, or so much thereof as may be necessary, is hereby appropriated out of any money in the State Treasury to the credit of the State Board of Cosmetology, for the purpose of defraying the expenses of the board for the fiscal year beginning July 1, 2000, and ending June 30, 2001
$ 727,332.00.
SECTION 2. Of the funds approved for expenditure under the provisions of Section 1, not more than the amounts set forth below shall be expended for the respective major objects or purposes of expenditure:
MAJOR OBJECTS OF EXPENDITURE:
Personal Services:
Salaries, Wages and Fringe Benefits $ 382,045.00
Travel and Subsistence 127,735.00
Contractual Services 195,165.00
Commodities 22,387.00
Capital Outlay:
Other Than Equipment 0.00
Equipment 0.00
Subsidies, Loans and Grants 0.00
Total $ 727,332.00
AUTHORIZED POSITIONS:
Permanent: Full Time 13
Part Time 0
Time-Limited: Full Time 0
Part Time 0
Any transfers or escalations shall be made in accordance with the terms, conditions and procedures established by law.
No general funds authorized to be expended herein shall be used to replace federal funds and/or other special funds which are being used for salaries authorized under the provisions of this act and which are withdrawn and no longer available.
SECTION 3. If not needed for other purposes, the State Treasurer shall invest any part of or all monies herein approved and any surplus funds of the State Board of Cosmetology for a period of ninety (90) days or more at the highest rate of interest obtainable and credit such to this respective fund. Monies shall be invested by the Treasurer in any short-term bonds, notes or other direct obligations of the United States of America or the State of Mississippi or any county or municipality of this state, which county or municipal bonds have been approved by a reputable bond attorney or have been validated by a decree of the court, or in savings accounts or certificates of deposit of a state or national bank in the State of Mississippi, or in federally insured savings and loan associations in the State of Mississippi; and in any event, the bonds, notes or obligations in which such funds are invested shall mature or be redeemable prior to the time the funds so invested will be needed for the purposes herein provided.
SECTION 4. It is the intent of this legislation to provide the funds for the board to meet when necessary, but under no circumstances shall it meet more than sixty-two (62) days a year.
SECTION 5. The money herein appropriated shall be paid by the State Treasurer out of any money in the State Treasury to the credit of the proper fund or funds as set forth in this act, upon warrants issued by the State Fiscal Officer; and the State Fiscal Officer shall issue his warrants upon requisitions signed by the proper person, officer or officers, in the manner provided by law.
SECTION 6. This act shall take effect and be in force from and after July 1, 2000.