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MS HB132
Bill
Status
1/31/2017
Primary Sponsor
Larry Byrd
Click for details
AI Summary
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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.
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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.
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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.
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Updates the calendar year threshold from 2016 to 2017 for when the increased appropriation requirement begins.
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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