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MS HB1742

Bill

Status

Failed

4/21/2016

Primary Sponsor

Orlando Paden

Click for details

Origin

House of Representatives

2016 Regular Session

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