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MS HB1742
Bill
Status
Failed
4/21/2016
Primary Sponsor
Orlando Paden
Click for details
AI Summary
- Authorizes the Clarksdale Board of Mayor and Commissioners to request funds from the Clarksdale Public Utilities Commission by resolution
- Limits fund transfers to no more than 6% of total operating revenue as determined by the prior fiscal year audit
- Requires the Clarksdale Public Utilities to transfer the requested amount minus any free services provided to the city under Mississippi Code Section 21-27-27
- Permits transferred funds to be used for any lawful municipal purpose and distributed among various municipal funds
- Effective upon passage
Legislative Description
City of Clarksdale; authorize transfer of certain funds from its public utilities commission to be utilized for municipal purposes.
Last Action
Died In Committee
4/21/2016
Committee Referrals
Local and Private Legislation3/15/2016
Full Bill Text
No bill text available