MS SB2002 | 2017 | 1st Special Session

Status

Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Passed on June 23 2017 - 100% progression
Action: 2017-06-23 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Create The "financial And Operational Responses That Invigorate Future Years Act (fortify Act)"; To Amend Section 27-103-203, Mississippi Code Of 1972, As Amended By Senate Bill No. 2649, 2017 Regular Session, To Increase The Cap On The Working Cash-stabilization Reserve Fund From 7.5% To 10% Of Current Fiscal Year General Fund Appropriations; To Amend Section 27-103-211, Mississippi Code Of 1972, As Amended By Senate Bill No. 2649, 2017 Regular Session, To Clarify That Unencumbered Cash Remaining At The End Of A Fiscal Year Is Not Included With The General Fund Revenue Estimate When Determining The Limit On The Legislative General Fund Appropriation; To Amend Section 27-103-213, Mississippi Code Of 1972, To Revise The Distribution Method Of Unencumbered Cash Balance; To Amend Section 27-104-13, Mississippi Code Of 1972, To Clarify That The Joint Legislative Budget Committee Adopts The General Fund Revenue Estimate; To Require The Legislative Budget Office To Prepare A Multiyear Financial Plan; To Amend Sections 27-103-125 And 27-103-139, Mississippi Code Of 1972, To Conform To The Preceding Provisions; And For Related Purposes.

Tracking Information

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Title

State budgets and reserve funds; create Financial and Operational Responses That Invigorate Future Years (FORTIFY) Act.

Sponsors


Roll Calls

2017-06-05 - House - House Passed (Y: 73 N: 41 NV: 7 Abs: 0) [PASS]
2017-06-05 - Senate - Senate Passed (Y: 37 N: 13 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2017-06-23 Approved by Governor
2017-06-06HouseEnrolled Bill Signed
2017-06-06SenateEnrolled Bill Signed
2017-06-05HouseReturned For Enrolling
2017-06-05HouseImmediate Release
2017-06-05HousePassed
2017-06-05HouseTitle Suff Do Pass
2017-06-05HouseReferred To Appropriations
2017-06-05SenateTransmitted To House
2017-06-05SenateImmediate Release
2017-06-05SenateMotion to Reconsider W/Drawn
2017-06-05SenateMotion to Reconsider Entered
2017-06-05SenatePassed
2017-06-05SenateCommittee Substitute Adopted
2017-06-05SenateTitle Suff Do Pass Comm Sub
2017-06-05SenateReferred To Appropriations

Mississippi State Sources


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