MS HB125

Amends Section 37-29-143 of the Mississippi Code to require county tax collectors to transmit community college district tax revenues directly to the district's public depository instead of through the chancery clerk.

Tax collectors must transmit all revenues from taxes levied for community college districts on or before the 30th of each month for the prior month's collections.

Revenues must be immediately deposited in public depositories selected by the community college district's board of trustees.

Board of trustees retains authority to require surety bonds from employees and fiscal agents handling district funds.

Effective date: July 1, 2017.