Adopted

COMMITTEE AMENDMENT NO 1 PROPOSED TO

Senate Bill No. 2194

BY: Committee

     Amend by striking all after the enacting clause and inserting in lieu thereof the following:

     SECTION 1.  Section 77-3-721, Mississippi Code of 1972, is amended as follows:

     77-3-721.  All fees collected under the provisions of this article shall be deposited into a special fund which is created in the State Treasury to be expended by the commission for the implementation and administration of this article. * * * At the end of each fiscal year, earned interest and unexpended monies remaining in the fund may not revert to any other fund of the state, but shall remain available for appropriations to administer this article.  The Legislature shall appropriate annually from the fund the amount necessary for the administration of this article to the commission.  From and after July 1, 2016, the expenses of this agency shall be defrayed by appropriation from the State General Fund and all user charges and fees authorized under this * * * section article shall be deposited into the State General Fund as authorized by law and as determined by the State Fiscal Officer.

This section shall stand repealed July 1, 2020.

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2020.

     Further, amend by striking the title in its entirety and inserting in lieu thereof the following:

     AN ACT TO AMEND SECTION 77-3-721, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT USER CHARGES AND FEES AUTHORIZED UNDER THE MISSISSIPPI TELEPHONE SOLICITATION ACT SHALL BE DEPOSITED INTO A SPECIAL FUND INSTEAD OF THE STATE GENERAL FUND; TO REMOVE THE REPEALER OF THIS SECTION; AND FOR RELATED PURPOSES.

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