Did not become law. It stopped in the House of Representatives's Appropriations Committee on June 5, 2017. The 2017 First Extraordinary Session has ended.
2017 First Extraordinary Session
House Bill 3
Working Cash-Stabilization Reserve Fund; increase cap on balance to 10% of General Fund appropriations.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO BE KNOWN AS THE FORTIFY ACT; TO AMEND SECTION 27-103-203, MISSISSIPPI CODE OF 1972, TO INCREASE THE CAP ON THE BALANCE OF THE WORKING CASH-STABILIZATION RESERVE FUND FROM 7.5% TO 10% OF CURRENT FISCAL YEAR GENERAL FUND APPROPRIATIONS; TO AMEND SECTION 27-103-211, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT UNENCUMBERED CASH REMAINING AT THE END OF A FISCAL YEAR IS NOT INCLUDED WITH THE GENERAL FUND REVENUE ESTIMATE WHEN DETERMINING THE LIMIT ON LEGISLATIVE GENERAL FUND APPROPRIATIONS; TO AMEND SECTION 27-103-213, MISSISSIPPI CODE OF 1972, TO REVISE THE DISTRIBUTION FORMULA FOR THE UNENCUMBERED GENERAL FUND CASH BALANCE AT THE END OF THE FISCAL YEAR; TO AMEND SECTION 27-104-13, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT THE JOINT LEGISLATIVE BUDGET COMMITTEE ADOPTS THE GENERAL FUND REVENUE ESTIMATE; TO REQUIRE THE LEGISLATIVE BUDGET OFFICE TO PREPARE A MULTIYEAR FINANCIAL PLAN BEGINNING WITH FISCAL YEAR 2021; TO AMEND SECTIONS 27-103-125, 27-103-139 AND 37-61-33, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
June 5 to June 5, 2017, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 1 day
In the House of RepresentativesJun 5 to Jun 5 · stopped0 days
AppropriationsJun 5 to Jun 5 · stopped0 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Jun 5
- Jun 5Referred to the House committee on Appropriations
- Died in committee in the House
All 2 actions, as published
- Jun 5Referred To AppropriationsHouse of Representatives
- Jun 5Died In CommitteeHouse of Representatives