Bill

Bill > HB357


MS HB357

MS HB357
Bonding requirement for county purchase clerk; increase.


summary

Introduced
01/18/2021
In Committee
02/16/2021
Crossed Over
02/04/2021
Passed
03/11/2021
Dead
Signed/Enacted/Adopted
03/17/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT TO AMEND SECTION 31-7-124, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $75,000.00 TO $100,000.00 THE AMOUNT OF BOND THAT  IS REQUIRED FOR COUNTY PURCHASE CLERKS; AND FOR RELATED PURPOSES.

AI Summary

This bill increases the required bond amount for county purchase clerks in Mississippi from $75,000 to $100,000. The bond is a type of insurance policy that purchase clerks must obtain to cover potential losses or damages related to their duties. This change aims to provide greater financial protection for counties in the event of any issues with the purchase clerk's handling of county funds or procurement processes.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Approved by Governor (on 03/17/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...