MISSISSIPPI LEGISLATURE

2018 Regular Session

To: Universities and Colleges

By: Senator(s) Parker, Blackwell, Massey

Senate Bill 2220

AN ACT TO AMEND SECTION 37-29-143, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TAX COLLECTOR OF EACH COUNTY BELONGING TO A COMMUNITY COLLEGE DISTRICT SHALL TRANSMIT THE REVENUES FROM TAXES LEVIED BY THE COUNTY FOR THE COMMUNITY COLLEGE DISTRICT DIRECTLY TO THE PUBLIC DEPOSITORY OF THE COMMUNITY COLLEGE DISTRICT INSTEAD OF TO THE CHANCERY CLERK; 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 taxes * * * pursuant to under subsection (1) of Section 37-29-141 * * *, for the support and maintenance thereof shall transmit * * * or have the chancery clerk transmit its warrant or warrants constituting all of the revenues received from taxation for the prior month for * * * said those purposes to the chief executive officer or president of * * * its the county's respective * * * junior community college district.  All such * * * county warrants evidencing a county's annual income from its authorized revenues from the tax levy of the county shall be * * * forthwith immediately 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)  The tax collector of each county belonging to a community college district shall transmit all funds derived from such taxes as are * * * provided for in levied by the county under 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 to the public depository or depositories of the community college district.  Such funds shall be paid out of the depository or depositories in the manner prescribed by order of the board of trustees of the * * * junior community college district for purposes provided by statute.

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2018.