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MS SB2913

Bill

Status

Failed

4/7/2011

Primary Sponsor

Doug Davis

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • State Fiscal Officer shall transfer $266,717,510.00 from various state funds to the Budget Contingency Fund during fiscal year 2012, including $106,544,000 from the State General Fund and $87,987,385 from the Working Cash-Stabilization Reserve Fund.

  • State Fiscal Officer shall transfer $11,653,263.00 from revolving loan programs to Fund No. 3951 in the State Treasury for payment of maturing bonds and interest during fiscal year 2012.

  • During fiscal year 2011, $46,234,878.00 shall be transferred from the State General Fund to the Budget Contingency Fund.

  • Health Care Trust Fund shall transfer an additional $56,263,438.00 to the Health Care Expendable Fund in fiscal year 2012, and the repealer date for both funds is extended to July 1, 2014.

  • Expands allowable uses of funds in the Mississippi Small Business Assistance Program, Mississippi Business Investment Fund, Port Revitalization Revolving Loan Fund, Mississippi Existing Industry Productivity Loan Fund, and Milk Producers Transportation Cost Assistance Loan Fund to include purposes "as otherwise provided by law."

Legislative Description

State budget; transfer certain funds into the Budget Contingency Fund during FY2012.

Last Action

Died On Calendar

4/7/2011

Full Bill Text

No bill text available