MISSISSIPPI LEGISLATURE
2000 Regular Session
To: Appropriations
By: Senator(s) Gordon, Thames, Farris, Kirby, Chaney, Frazier, Little, Walls, Williamson
Senate Bill 3252
AN ACT MAKING AN APPROPRIATION TO DEFRAY THE EXPENSES OF THE STATE TREASURER'S OFFICE FOR FISCAL YEAR 2001.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. The following sum of money, or so much thereof as may be necessary, is hereby appropriated out of any money in the State General Fund not otherwise appropriated, to defray the expenses of the office of the State Treasurer for the fiscal year beginning July 1, 2000 and ending June 30, 2001
$ 730,977.00.
SECTION 2. The following sum, or so much thereof as may be necessary, is hereby appropriated out of any funds in the special fund entitled Abandoned Property Fund in the State Treasury for the purpose of defraying expenses of the State Treasurer in administering the Uniform Disposition of Unclaimed Property and certain other expenses of the office, for the fiscal year beginning July 1, 2000, and ending June 30, 2001
$ 1,591,768.00.
SECTION 3. Of the funds appropriated under the provisions of Sections 1 and 2, 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 $ 1,178,703.00
Travel and Subsistence 13,565.00
Contractual Services 999,689.00
Commodities 54,570.00
Capital Outlay:
Other Than Equipment 0.00
Equipment 71,710.00
Subsidies, Loans and Grants 4,508.00
Total $ 2,322,745.00
FUNDING:
General Funds $ 730,977.00
Special Funds 1,591,768.00
Total $ 2,322,745.00
AUTHORIZED POSITIONS:
Permanent: Full Time 28
Part Time 0
Time-Limited: Full Time 0
Part Time 0
SECTION 4. In addition to all other sums herein appropriated, 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 Education Improvement Trust Fund No. 3219 for the purpose of investing funds for the fiscal year beginning July 1, 2000, and ending June 30, 2001
$ 87,000.00.
SECTION 5. 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 Mississippi Prepaid Affordable College Tuition Administrative Fund to defray the costs of the Mississippi Prepaid Affordable College Tuition Program for the fiscal year beginning July 1, 2000, and ending June 30, 2001
$ 1,397,402.00.
With the funds appropriated in this section, the following positions are authorized:
AUTHORIZED POSITIONS:
Permanent: Full Time . . . . . . . 5
SECTION 6. In addition to all other sums herein appropriated,
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 Mississippi Prepaid Affordable College Tuition Trust Fund for the purpose of paying all amounts due for prepaid tuition contracts of the Mississippi Prepaid Affordable College Tuition Program, for the fiscal year beginning July 1, 2000, and ending June 30, 2001 $ 1,000,000.00.
SECTION 7. 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 Health Care Expendable Fund, created under House Bill No. 519, 1999 Regular Session, for the purpose of defraying the expenses of the Office of the State Treasurer for the fiscal year beginning July 1, 2000, and ending June 30,
2001 $ 177,604.00.
With the funds appropriated in this section, the following positions are authorized:
AUTHORIZED POSITIONS:
Permanent: Full Time 2
SECTION 9. It is the intention of the Legislature that the State Treasurer is hereby authorized to accept, budget and expend an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) from administrative fees charged for the administration of the Mississippi Prepaid Affordable College Tuition Program and deposited in the Mississippi Prepaid Affordable College Tuition Administrative Fund. Such funds shall be escalated in accordance with the rules and regulations of the Department of Finance and Administration in a manner consistent with the escalation of federal funds.
SECTION 10. It is the intention of the Legislature that the State Treasurer is hereby authorized to accept, budget and expend funds for the purpose of defraying the cost of administering the Mississippi Prepaid Affordable College Tuition Program in an amount not to exceed Five Hundred Thousand Dollars ($500,000.00) which become available from interest earnings on any funds authorized for administration of said program. Such funds shall be escalated in accordance with the rules and regulations of the Department of Finance and Administration in a manner consistent with the escalation of federal funds.
SECTION 11. No part of the funds appropriated herein shall be used in the payment of attorney's fees, nor shall any of said funds be used either directly or indirectly, for the purpose of paying any clerk, stenographer, assistant, deputy or other person who may be related by blood or marriage within the third degree, computed by the rules of the civil law, to the official employing or having the right of employment or selection thereof; and in the event of any such payment, then the official or person approving and making or receiving such payment shall be jointly and severally liable to return to the State of Mississippi and to pay into the State Treasury three (3) times any such amount so paid or received, to be recovered at suit of the Attorney General; provided that when the relationship is by affinity and the person through whom the relationship was established is dead, this provision shall not apply.
SECTION 12. 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 13. This act shall take effect and be in force from and after July 1, 2000.