Loading chat...

MS HB132

Bill

Status

Failed

1/31/2017

Primary Sponsor

Larry Byrd

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Amends Section 65-37-13 of the Mississippi Code to modify the Local System Bridge Replacement and Rehabilitation Fund appropriation requirements beginning in calendar year 2017.

  • Changes the appropriation amount from $20,000,000 to $60,000,000 annually beginning with the 2017 legislative session and continuing thereafter, when General Fund revenue growth is estimated at 2% or more.

  • Maintains the condition that appropriations are only required when the official General Fund revenue estimate shows at least 2% growth for the succeeding fiscal year.

  • Updates the calendar year threshold from 2016 to 2017 for when the increased appropriation requirement begins.

  • Takes effect upon passage.

Legislative Description

Local System Bridge Replacement and Rehabilitation Fund; increase amount Legislature shall appropriate for deposit to.

Last Action

Died In Committee

1/31/2017

Committee Referrals

Transportation1/3/2017

Full Bill Text

No bill text available