MISSISSIPPI LEGISLATURE

2014 Regular Session

To: Universities and Colleges; Accountability, Efficiency, Transparency

By: Senator(s) Parker

Senate Bill 2086

AN ACT TO AMEND SECTION 37-29-143, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TAX COLLECTOR OF EACH COUNTY BELONGING TO A JUNIOR COLLEGE DISTRICT AND COLLECTING TAXES FOR THE SUPPORT AND MAINTENANCE THEREOF SHALL TRANSMIT THE TAX REVENUES DIRECTLY TO THE COMMUNITY COLLEGE DISTRICT; AND FOR RELATED PURPOSES.

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

     SECTION 1.  Section 37-29-143, Mississippi Code of 1972, is amended as follows:

     37-29-143. * * *  (1)  On or before the thirtieth day of each month, the * * *board of supervisors tax collector of each county belonging to a * * *junior community college district and * * *levying collecting taxes pursuant to subsections (1) and (2) of Section 37-29-141, for the support and maintenance thereof, shall * * *transmit or have the chancery clerk transmit its warrant or warrants constituting make reports, in writing, verified by his affidavit, to the chief executive officer or president of its respective community college reflecting all of the revenues received from taxation for the prior month for said purposes.  He shall at the same time pay over all such taxes directly to the chief executive officer or president of its respective * * *junior community college district.  All * * *such county warrants evidencing a county's annual income from its authorized tax levy funds derived from such taxes shall be forthwith deposited in one or more banking institutions and public depositories previously selected by the board of trustees of the * * *junior community college district and spread upon its official minutes.  The board of trustees shall, by appropriate orders spread upon its minutes, authorize its chief executive officer or president to expend such funds for lawful purposes only and in accordance with its annual budget previously adopted.

     The board of trustees may require its designated employees, including its president, and fiscal agents to enter into and file with the president of the college a surety bond to insure the faithful performance of the public duties of each officer or agent who is authorized to receive and expend the funds of the district.  Such bond may be of such denomination and conditions as the board of trustees may deem necessary and requisite, and the premium thereon shall be paid from the funds of the district.

 * * * (2)  All funds derived from such taxes as are provided for in subsection (2) of Section 37-29-141, shall be paid into the county depository of the county in which the junior college is located, upon receipt warrants of the chancery clerk of said county.  Such funds shall be paid out of the depository in the manner prescribed by order of the board of trustees of the junior college for purposes provided by statute.

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2014.

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