Loading chat...

MS SB2503

Bill

Official Source

Status

Failed

3/29/2017

Primary Sponsor

Robert Jackson

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Authorizes the governing authorities of the City of Clarksdale 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 the requested amount minus any free services already provided to the city under Mississippi Code Section 21-27-27
  • Allows transferred funds to be used by the city for any lawful municipal purpose and distributed among various municipal funds
  • Effective upon passage

Legislative Description

City of Clarksdale; authorize Clarksdale Public Utilities Commission to transfer funds to the city.

Last Action

Died In Committee

3/29/2017

Committee Referrals

Local and Private1/16/2017

Full Bill Text

No bill text available