MS SB3051

Appropriates $437,396,754 from the State General Fund for paying maturing bonds, interest on full faith and credit bonds, and bank service charges for Fiscal Year 2024

Appropriates $13,425,250 from special source funds and bond proceeds interest for paying maturing bonds and interest on full faith and credit bonds due during Fiscal Year 2024

Authorizes expenditure of $39,581,600 from special source funds for paying maturing bonds and interest on revenue bonds due during Fiscal Year 2024

Allocates $500,000 of the General Fund appropriation specifically for bank service charges, requiring itemized statements from banks to be attached to State Treasurer requisitions

Effective date is July 1, 2023, covering bond and interest payments falling due between July 1, 2023, and June 30, 2024