MISSISSIPPI LEGISLATURE
2018 Regular Session
To: Universities and Colleges
By: Senator(s) Parker, Blackwell, Massey
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 * * * tax collector of
each county belonging to a * * * community college district and
levying taxes * * * under subsection (1) of Section 37-29-141 * * * for the support and maintenance thereof shall
transmit * * * all of
the revenues received from taxation for the prior month for * * * those purposes to the chief
executive officer or president of * * * the county's respective * * * community college district. All
such * * * revenues
from the tax levy of the county shall be * * * immediately deposited in one
or more * * * public depositories * * *
of the * * *
community college district * * *. 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 * * * levied by the county under
subsection (2) of Section 37-29-141 * * * 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.