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MS HB1811
Bill
Status
Passed
10/9/2020
Primary Sponsor
John Read
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AI Summary
- Removes provisions from four CARES Act-related special funds that previously granted the Governor discretion to transfer unobligated monies to other state agencies after November 1 or November 30, 2020
- Expands the definition of "eligible taxpayer" for the Mississippi COVID-19 Relief Payment Fund by adding several new North American Industry Classification System (NAICS) codes, including codes 488990, 5322, 541920, 541921, 561499, 561510, 561920, and 711410
- Maintains the $2,000 payment to each eligible taxpayer through the Mississippi COVID-19 Relief Payment Fund, administered by the Department of Revenue and disbursed by the Department of Finance and Administration
- Affects four specific funds: the Mississippi COVID-19 Relief Payment Fund, the Back to Business Mississippi Grant Fund, the COVID-19 Fund for county and municipality emergency relief, and the Postsecondary Education COVID-19 Mitigation Relief Grant Fund
- Requires all fund disbursements to remain in compliance with U.S. Department of the Treasury guidelines for use of Coronavirus Relief Fund monies under the CARES Act
Legislative Description
State budget; remove provisions addressing disposition of unexpended CARES Act funds.
Last Action
Law W/out Governor's Signature
10/9/2020
Committee Referrals
Rules10/1/2020
Full Bill Text
No bill text available