Bill Text: MS SB2931 | 2023 | Regular Session | Introduced


Bill Title: Capital Expense Fund; FY2024 to IHL for construction and/or repair and renovation projects at the eight universities.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2023-02-22 - Died In Committee [SB2931 Detail]

Download: Mississippi-2023-SB2931-Introduced.html

MISSISSIPPI LEGISLATURE

2023 Regular Session

To: Appropriations

By: Senator(s) Butler (36th)

Senate Bill 2931

AN ACT MAKING AN APPROPRIATION TO THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING FOR SUPPORT OF THE EIGHT UNIVERSITIES RELATED TO CONSTRUCTION AND/OR REPAIR AND RENOVATION PROJECTS FOR THE FISCAL YEAR 2024.

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

SECTION 1.  The following sum of money, or so much thereof as may be necessary, is hereby appropriated out of the proceeds from any federal, student fees or other special source funds not otherwise appropriated, to the Board of Trustees of State Institutions of Higher Learning for the purpose of support of education and general operations of Alcorn State University, Delta State University, Jackson State University, Mississippi State University, Mississippi University for Women, Mississippi Valley State University, University of Mississippi, and University of Southern Mississippi, for the fiscal year beginning July 1, 2023, and ending June 30, 2024....................................... $ 75,000,000.00.

     SECTION 2.  Of the funds appropriated under the provision of Section 1 of this act, Seventy Five Million Dollars ($75,000,000.00) is hereby appropriated out of any money in the State Treasury to the credit of the Capital Expense Fund, and allocated in a manner as determined by the Treasurer's Office, to defray the expenses of the Institutions of Higher Learning (IHL) related to construction and/or repair and renovation projects, acting through the Bureau of Building, Grounds and Real Property Management, for the fiscal year beginning July 1, 2023, and ending

June 30, 2024.

     SECTION 3.  The money herein appropriated shall be paid by the State Treasurer out of any money in the State Treasury to the credit of the proper fund or funds as set forth in this act, upon warrants issued by the State Fiscal Officer; and the State Fiscal Officer shall issue his warrants upon requisitions signed by the proper person, officer or officers, in the manner provided by law.

     SECTION 4.  This act shall take effect and be in force from and after July 1, 2023.

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