Bill Text: MS HB1305 | 2013 | Regular Session | Comm Sub
Bill Title: Pat Harrison Waterway District; revise procedure for county's withdrawal from.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-02-18 - Died On Calendar [HB1305 Detail]
Download: Mississippi-2013-HB1305-Comm_Sub.html
MISSISSIPPI LEGISLATURE
2013 Regular Session
To: County Affairs
By: Representative Barton
House Bill 1305
(COMMITTEE SUBSTITUTE)
AN ACT TO AMEND SECTION 51-15-118, MISSISSIPPI CODE OF 1972, TO REQUIRE THE INDEPENDENT AUDIT CONDUCTED TO DETERMINE LIABILITIES, OBLIGATIONS AND INDEBTEDNESS OF A COUNTY WITHDRAWING FROM THE PAT HARRISON WATERWAY DISTRICT TO TAKE INTO CONSIDERATION FUTURE LIABILITIES OF THE DISTRICT PERTAINING TO INFRASTRUCTURE LOCATED IN THE WITHDRAWING COUNTY; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 51-15-118, Mississippi Code of 1972, is amended as follows:
51-15-118. From and after July 1, 1999, the board of supervisors of any county that is included in the Pat Harrison Waterway District may elect to withdraw such county from the district. The withdrawing county shall be responsible for paying its portion of any district bonds, contractual obligations, and any other indebtedness and liabilities of the district that are outstanding on the date of such county's withdrawal from the district any other indebtedness and liabilities of the district that may accrue as a result of the district's improvement or maintenance of the Pat Harrison Waterway District. The withdrawing county's portion of such liabilities, obligations and indebtedness shall be determined through an independent audit conducted by a certified public accountant. The audit shall take into consideration any future liabilities of the district pertaining to infrastructure located in the withdrawing county. The audit may assess a fee amount to be paid by the withdrawing county for any future benefit that such county will receive as a result of the maintenance or improvements to the infrastructure of the district. The board of supervisors of the withdrawing county shall provide the sum that is required by this section either by appropriation from any available funds of the county or by levy. Such board of supervisors may borrow funds as needed to satisfy the withdrawing county's portion of the liabilities, obligations and indebtedness of the district as required herein.
SECTION 2. This act shall take effect and be in force from and after its passage.
