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MS HB1076

Bill

Official Source

Status

Failed

3/1/2016

Primary Sponsor

Scott DeLano

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Amends Section 27-103-302 of the Mississippi Code to revise deposit requirements for settlement funds received by the state from the Deepwater Horizon oil spill.

  • Allows funds from the Deepwater Horizon settlement (except those required to be paid to other public entities) to be deposited into either the Budget Contingency Fund or the Gulf Coast Restoration Fund created in House Bill 1385.

  • Effective July 1, 2016, with automatic repeal on June 30, 2017.

Legislative Description

Oil spill settlement funds; revise provisions regarding deposit into state treasury.

Last Action

Died In Committee

3/1/2016

Committee Referrals

Revenue and Expenditure General Bills2/8/2016

Full Bill Text

No bill text available