Loading chat...
MS SB2681
Bill
AI Summary
- Exempts the Mississippi Adequate Education Program (MAEP) from mid-year budget reductions that the State Fiscal Officer can impose on state agencies
- Currently, the State Fiscal Officer can reduce agency budgets by up to 5% when revenues fall below 98% of estimates, with additional uniform percentage cuts possible after that threshold
- MAEP funding would be protected from these reductions even when other state agencies face mandatory cuts due to revenue shortfalls
- Effective date of July 1, 2021
Legislative Description
Mid-year budget reductions; exempt MAEP funds.
Last Action
Died In Committee
2/2/2021
Committee Referrals
Education1/18/2021
Full Bill Text
No bill text available