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MS SB2946
Bill
AI Summary
- Authorizes the City of Clarksdale governing authorities to request funds from the Clarksdale Public Utilities Commission by resolution
- Limits fund transfers to no more than 6% of the commission's total operating revenue as determined by the prior fiscal year audit
- Requires the commission to transfer requested amounts minus any free services already provided to the city under Mississippi Code Section 21-27-27
- Allows transferred funds to be used for any lawful municipal purpose and distributed among various municipal funds
- Takes effect upon passage
Legislative Description
City of Clarksdale; authorize Clarksdale Public Utilities Commission to transfer funds to the city.
Last Action
Died In Committee
4/20/2016
Committee Referrals
Local and Private3/28/2016
Full Bill Text
No bill text available