Did not become law. It stopped in the House of Representatives's Appropriations Committee on March 3, 2020. The 2020 session has ended.
2020 Regular Session
House Bill 1487
State revenue; when actual revenue exceeds the estimate, the surplus amount will be used to reduce the state debt.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO PROVIDE THAT IN ANY FISCAL YEAR IN WHICH THE AMOUNT OF ACTUAL GENERAL FUND REVENUE RECEIVED EXCEEDS THE OFFICIAL SINE DIE GENERAL FUND REVENUE ESTIMATE FOR THAT FISCAL YEAR, THE AMOUNT OF THE SURPLUS GENERAL FUND REVENUE ABOVE THE REVENUE ESTIMATE, REDUCED BY THE RATE OF INFLATION FOR THE PREVIOUS CALENDAR YEAR, SHALL BE USED TO REDUCE THE DEBT OF THE STATE OF MISSISSIPPI; TO BRING FORWARD SECTION 27-103-213, MISSISSIPPI CODE OF 1972, WHICH PROVIDES FOR THE DISTRIBUTION OF THE UNENCUMBERED CASH BALANCE IN THE GENERAL FUND AT THE END OF EACH FISCAL YEAR, FOR THE PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 27-103-203, MISSISSIPPI CODE OF 1972, WHICH CREATES THE WORKING CASH-STABILIZATION RESERVE FUND, FOR THE PURPOSES OF POSSIBLE AMENDMENT; 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
February 17 to March 3, 2020, 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 2 days
In the House of RepresentativesFeb 17 to Mar 3 · stopped15 days
AppropriationsFeb 17 to Mar 3 · stopped15 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 Feb 17 – Mar 3
- Feb 17Referred to the House committee on Appropriations
- Mar 3Died in committee in the House
All 2 actions, as published
- Feb 17Referred To AppropriationsHouse of Representatives
- Mar 3Died In CommitteeHouse of Representatives