Lost

 

AMENDMENT NO 1 PROPOSED TO

 

Senate Bill No. 2904

 

BY: Senator(s) Blackmon, Horhn, Turner-Ford, Jackson (11th), Jackson (32nd), Barnett, Jordan, Simmons (12th), Simmons (13th), Thomas, Witherspoon, Frazier, Butler, Norwood

 

     AMEND by inserting the following section after line 128 and renumbering succeeding sections accordingly:

     SECTION *.  In addition to the amounts appropriated in Sections 3, 4 and 11 of this act, the following sum of money, or so much thereof as may be necessary, is hereby appropriated out of any money in the State General Fund not otherwise appropriated, to the Board of Trustees of State Institutions of Higher Learning for the purpose of assisting the Board of Trustees of State Institutions of Higher Learning in providing the remainder of the amount, adjusted for inflation, that it was charged with raising under the settlement of Ayers v. Musgrove (Civil Action No. 4:75CV9B-D, in the United States District Court for the Northern District of Mississippi), as endorsed by the Legislature in House Concurrent Resolution 28, 2002 Regular Session, for the fiscal year beginning July 1, 2021, and ending

June 30, 2022................................... $ 50,000,000.00.

In accordance with the requirements of Joint Rule 20A, the amount of State General Funds that are appropriated for the purpose of funding debt service-general obligations shall be

reduced by...................................... $ 50,000,000.00.