MISSISSIPPI LEGISLATURE

2001 Regular Session

To: Appropriations

By: Representative Capps

AN ACT TO DIRECT THE STATE TREASURER TO TRANSFER CERTAIN FUNDS INTO THE BUDGET CONTINGENCY FUND; AND FOR RELATED PURPOSES.

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

SECTION 1. The State Treasurer shall transfer to the Budget Contingency Fund created in Senate Bill No. 2680, 2001 Regular Session, out of the following enumerated special funds, amounts listed below for each special fund throughout the period beginning upon passage of this act and through June 30, 2001:

Agency/Fund Fund No. Amount

Department of Insurance 3501 $ 1,300,000.00

State Fire Academy 3502 500,000.00

Unclaimed Property Fund 3178 5,800,000.00

Criminal Justice Fund 3086 350,000.00

UM - State Court Education Fund 3257 3,600,000.00

Information Technology Services 3601 1,000,000.00

State Personnel Board 3614 700,000.00

Secretary of State 3111 1,300,000.00

Secretary of State 3112 1,200,000.00

Juvenile Detention Fund 3939 1,300,000.00

Local System Bridge Replacement

and Rehabilitation Fund 3948 8,000,000.00

Transportation Department 3941 2,550,000.00

Total $27,600,000.00

The State Treasurer shall transfer the sum of Eight Hundred Thousand Dollars ($800,000.00) from the State General Funds appropriated for the support of the Mississippi Death Penalty Defense Litigation Act in House Bill No. 1617, Chapter 24, Laws of 2000, not later than June 30, 2001.

The State Treasurer shall transfer the sum of Thirty-two Million Two Hundred Thousand Dollars ($32,200,000.00) from the State General Fund not later than November 1, 2001.

The General Funds transferred under this section have been made available for transfer to the Budget Contingency Fund through reductions in various budgets below the level of the Joint Legislative Budget Committee recommendation for Fiscal Year 2002 and have been utilized to support certain nonrecurring funding needs which exceed the level of funding set forth within the Joint Legislative Budget Committee recommendation for Fiscal Year 2002.

In addition to the amounts transferred to the Budget Contingency Fund under the provisions of this act, the Budget Contingency Fund is hereby authorized to receive any additional funds that may become available to the fund from any source during Fiscal Year 2002.

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