MS SB3052

Appropriates $418,541,895.00 from the State General Fund for paying bank service charges and maturing full faith and credit bonds and interest due during Fiscal Year 2025.

Appropriates $22,897,586.00 from special source funds and bond interest earnings for paying maturing full faith and credit bonds and interest due during Fiscal Year 2025.

Authorizes expenditure of $35,558,350.00 from special source funds and bond interest earnings for paying maturing revenue bonds and interest due during Fiscal Year 2025.

Allocates $500,000.00 from Section 1 funds specifically for bank service charges, with itemized statements required from banks.

Takes effect July 1, 2024, and authorizes the State Treasurer to accept and expend excess funds from interest earnings on bond proceeds or loan repayments.