House Bill 209

AN ACT TO AMEND SECTIONS 27-103-125, 27-103-139 AND 27-103-211, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TOTAL PROPOSED EXPENDITURES AND ACTUAL APPROPRIATIONS FROM THE STATE GENERAL FUND IN THE STATE BUDGET SHALL NOT EXCEED THE AMOUNT OF THE AVERAGE OF THE ACTUAL GENERAL FUND REVENUES RECEIVED DURING THE PREVIOUS THREE FISCAL YEARS; TO AMEND SECTION 27-103-213, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A PORTION OF THE UNENCUMBERED CASH BALANCE IN THE STATE GENERAL FUND AT THE CLOSE OF EACH FISCAL YEAR SHALL BE DISTRIBUTED TO THE MISSISSIPPI FUTURE BUDGET FUND; TO CREATE NEW SECTION 27-103-215, MISSISSIPPI CODE OF 1972, TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE DESIGNATED THE MISSISSIPPI FUTURE BUDGET FUND; TO PROVIDE THAT MONEY IN THE FUND SHALL NOT BE APPROPRIATED BY THE LEGISLATURE FOR THE STATE BUDGET FOR THE CURRENT FISCAL YEAR OR THE UPCOMING FISCAL YEAR, BUT MAY BE APPROPRIATED DURING ANY LATER REGULAR LEGISLATIVE SESSION FOR THE STATE BUDGET FOR A LATER FISCAL YEAR; TO PROVIDE THAT MONEY IN THE FUND MAY BE USED TO PROVIDE FUNDS FOR THE DISASTER ASSISTANCE TRUST FUND WHEN THOSE FUNDS ARE IMMEDIATELY NEEDED TO PROVIDE FOR DISASTER ASSISTANCE; TO AMEND SECTION 33-15-307, MISSISSIPPI CODE OF 1972, TO PROVIDE THE PROCEDURE FOR REQUISITIONING AND TRANSFERRING FUNDS FROM THE MISSISSIPPI FUTURE BUDGET FUND TO THE DISASTER ASSISTANCE TRUST FUND; TO PROVIDE THAT NOT MORE THAN TWENTY PERCENT OF THE AMOUNT OF THE MONEY IN THE MISSISSIPPI FUTURE BUDGET FUND MAY BE TRANSFERRED TO THE DISASTER ASSISTANCE TRUST FUND DURING ANY FISCAL YEAR; AND FOR RELATED PURPOSES.

In the House of Representatives

• Timmy Ladner

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Jan 14 – Feb 5

1. Jan 14Referred to the House committee on Appropriations
2. Feb 5Died in committee in the House