MS HB1362

Requires Pat Harrison Waterway District to use state-approved tax rolls from the Department of Revenue (effective November 1 annually) instead of the Mississippi State Tax Commission to determine each member county's pro rata share of district funding.

Changes the timing of the district board's annual budget request from July to November to align with the availability of certified tax valuations.

Requires member counties to remit their share of the district budget to the designated depository no later than March 1 of each year.

Maintains existing mill levy caps: counties pay up to 7/8 mill for general operations with 1/8 mill designated for flood control and water management projects, except Gulf Coast port authority counties which pay up to 2/10 mill with 1/10 mill designated for similar projects.

Effective July 1, 2014.