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MS SB2651

Bill

Status

Passed

3/17/2021

Primary Sponsor

Angela Turner-Ford

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Amends Section 31-9-13 of Mississippi Code to clarify the Department of Finance and Administration's Office of Surplus Property's authority to operate the Federal Donation program.

  • Authorizes the department to assess fees or commissions on institutions, agencies, or individuals acquiring surplus property to establish and maintain a revolving fund for program operations.

  • Limits the revolving fund to a maximum of $1,000,000 above and beyond four months of operating expenses and caps annual expenditures at $250,000 per fiscal year.

  • Requires the department to follow procedures outlined by the United States General Services Administration in establishing the fund.

  • Takes effect July 1, 2021.

Legislative Description

Surplus property; clarify current policy to conform with federal regulations for the Department of Finance and Administration.

Last Action

Approved by Governor

3/17/2021

Committee Referrals

Public Property1/18/2021

Full Bill Text

No bill text available