MS SB2047

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

Tax collectors must transmit all revenues from community college district taxes on or before the thirtieth day of each month.

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

Board of trustees retains authority to authorize the chief executive officer or president to expend funds for lawful purposes in accordance with the adopted annual budget.

Takes effect July 1, 2017.