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MS HB1622
Bill
Status
4/18/2013
Primary Sponsor
Herb Frierson
Click for details
AI Summary
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Appropriates $8,612,342.00 in special funds to the Tombigbee River Valley Water Management District for fiscal year 2014 (July 1, 2013 - June 30, 2014) for bond maturities, interest, maintenance, project development, and other authorized expenses.
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Authorizes 17 permanent full-time positions for the district with restrictions on salary increases unless specifically exempted by legislative conditions.
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Requires the district to maintain accounting and personnel records in the same format and detail as fiscal year 2013 and submit budget requests in comparable format for fiscal year 2015.
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Mandates that excess operating funds be deposited with banks selected by the board of directors at interest rates equal to or better than state treasury rates.
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Establishes that all expenditures comply with state law, agencies cannot exceed appropriations, and disbursement occurs through properly signed bank checks effective July 1, 2013.
Legislative Description
Appropriation; Tombigbee River Valley Water Management District.
Last Action
Approved by Governor
4/18/2013