HB 1567 Summary

• Appropriates $8,044,475.00 from special funds for the Tombigbee River Valley Water Management District for fiscal year 2013 (July 1, 2012 - June 30, 2013) to cover bond maturities, interest, maintenance, project development, and other authorized expenses.

• Authorizes 17 permanent full-time positions for the district with the appropriated funds.

• Requires the State Personnel Board to ensure that personal services expenditures in fiscal year 2014 do not exceed fiscal year 2013 levels unless new programs or positions are added by the legislature.

• Directs the district to maintain complete accounting and personnel records in the same format and detail as fiscal year 2012 and to submit budget requests in comparable format.

• Mandates that excess operating funds be deposited in banks earning interest at least equal to state treasury rates and gives preference to Mississippi Industries for the Blind in purchasing when bids are equal.