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MS HB238
Bill
Status
2/23/2016
Primary Sponsor
Herb Frierson
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AI Summary
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Establishes that no money may be expended or drawn from any state fund or account in the State Treasury unless authorized by a legislative appropriation act.
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Amends 31 Mississippi Code sections to require legislative appropriations for expenditures from special funds, removing language that previously exempted certain funds from appropriation requirements.
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Clarifies that special funds must have legislative appropriations before agencies can expend monies, and prohibits the Joint Legislative Budget Committee and Legislative Budget Officer from exempting agencies from this requirement.
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Provides that money remaining in special funds at the end of a fiscal year shall not lapse into the State General Fund, and interest earned on special funds shall be credited to those funds.
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Brings forward five code sections (43-3-111, 47-5-66, 71-5-9, 71-5-113, 71-5-455) for possible amendment regarding nonappropriated funds and special accounts.
Legislative Description
State Treasury; no funds may be expended from unless authorized by legislative appropriation.
Last Action
Died In Committee
2/23/2016