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MS HB109
Bill
Status
4/19/2021
Primary Sponsor
John Read
Click for details
AI Summary
House Bill 109 Summary
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Deletes temporary exceptions from state budget requirements that previously allowed higher general fund appropriations for fiscal years 2010-2018, returning the limit to 98% of estimated general fund revenue.
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Transfers full balances from the Mississippi Development Authority Job Training Grant Fund and State Public School Education Technology Fund into the Capital Expense Fund, and repeals the Job Training Grant Fund.
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Creates three new special state treasury funds: the MDA Site Development Grant Program Fund, DEQ Water, Land and Air Contamination Projects Fund (receiving $1,000,000 from Attorney General Contingent Fund in FY2022), and Ross Barnett Reservoir Dredging Fund (receiving up to $200,000 annually from Pearl River Valley Water Supply District).
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Establishes Coronavirus State Fiscal Recovery Fund and Coronavirus Local Fiscal Recovery Fund to receive and administer federal relief funds from the American Rescue Plan Act of 2021, with the local fund to be distributed by the Department of Finance and Administration.
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Authorizes 23 special fund agencies to escalate budgets in FY2022 to fund employee salary increases up to 3% annually, with specific allocation amounts listed for each agency.
Legislative Description
State budget; enact and revise various provisions relating to.
Last Action
Approved by Governor
4/19/2021