MS SB3054

Appropriates $433,923,299.00 from the State General Fund for paying service charges to banks and for maturing full faith and credit bonds and interest falling due during Fiscal Year 2023.

Appropriates $25,501,575.00 from special source funds and interest earnings on bond proceeds for paying maturing full faith and credit bonds and interest during Fiscal Year 2023.

Authorizes expenditure of $35,599,225.00 from special source funds and interest earnings on bond proceeds for paying maturing revenue bonds and interest during Fiscal Year 2023.

Allocates $500,000.00 of the General Fund appropriation for bank service charges, requiring itemized statements attached to State Treasurer requisitions.

Takes effect July 1, 2022, with bond and interest payments scheduled between July 1, 2022, and June 30, 2023.