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Bill > HB524
MS HB524
MS HB524Disaster Assistance Trust Fund; expand uses of and increase maximum amount that may be transferred to.
summary
Introduced
02/04/2020
02/04/2020
In Committee
02/28/2020
02/28/2020
Crossed Over
02/25/2020
02/25/2020
Passed
07/02/2020
07/02/2020
Dead
Signed/Enacted/Adopted
07/08/2020
07/08/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 33-15-307, Mississippi Code Of 1972, To Provide New Purposes For Which The Disaster Assistance Trust Fund May Be Used By Mema To Assist Counties And Municipalities After Disasters; To Increase The Maximum Amount That May Be Transferred From The Working Cash-stabilization Reserve Fund To The Disaster Assistance Trust Fund For Any Disaster Or Disasters; And For Related Purposes.
AI Summary
This bill amends the Mississippi law governing the Disaster Assistance Trust Fund. It expands the permitted uses of the fund to include alternative housing grants, debris removal support for municipalities and counties, and increases the maximum amount that can be transferred from the Working Cash-Stabilization Reserve Fund to the Disaster Assistance Trust Fund for any disaster or disasters from $500,000 to $1 million, and the annual limit from $1 million to $2 million.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Approved by Governor (on 07/08/2020)
Official Document
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