Bill Text: MS HB20 | 2013 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

---

Bill Title: State funds; transfer sum from Motor Vehicle Ad Valorem Tax Reduction Fund to Budget Contingency Fund.

Sponsorship: Partisan Bill (Republican 1)

Status: (Passed) 2013-02-12 - Approved by Governor [HB20 Detail]

Download: Mississippi-2013-HB20-Introduced.html

---

MISSISSIPPI LEGISLATURE

2013 Regular Session

To: Appropriations

By: Representative Frierson

House Bill 20

AN ACT TO DIRECT THE STATE FISCAL OFFICER TO TRANSFER A CERTAIN SUM FROM THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND TO THE CAPITAL EXPENSE FUND; AND FOR RELATED PURPOSES.

     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

     SECTION 1.  During fiscal year 2014, the State Fiscal Officer shall transfer the sum of Fifty-two Million Dollars ($52,000,000.00) from the Motor Vehicle Ad Valorem Tax Reduction Fund created in Section 27-51-105 (Fund No. 3769) to the Capital Expense Fund created in Section 27-103-303 (Fund No. 399C).

     SECTION 2.  This act shall take effect and be in force from and after July 1, 2013.