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MS SB2658
Bill
Status
3/2/2010
Primary Sponsor
Videt Carmichael
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AI Summary
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Amends Mississippi Code Section 37-63-9 to classify revenue from leasing FCC-awarded channels by state agencies as public funds of the leasing agency.
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Revenue from channel leasing may only be expended for purposes outlined in Section 37-63-9 with express approval from the lessor state agency's governing board or executive director.
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Requires nonprofit educational organizations holding such funds that are not approved for expenditure or needed for lease contingencies to return them to the lessor state agency upon request.
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Effective July 1, 2010.
Legislative Description
Revenue from leasing of channels awarded by the FCC; are public funds expendable by the state agency leasing the channels.
Last Action
Died In Committee
3/2/2010