Bill

Bill > SB2468


MS SB2468

MS SB2468
Budget process; bring forward certain sections relating to and provide for transfers of funds.


summary

Introduced
02/16/2024
In Committee
03/11/2024
Crossed Over
03/06/2024
Passed
05/06/2024
Dead
Signed/Enacted/Adopted
05/13/2024

Introduced Session

Potential new amendment
2024 Regular Session

Bill Summary

An Act To Direct The Transfer Of Certain Funds From The Capital Expense Fund To The 2024 Local Improvements Projects Fund, The 2022 Ihl Capital Improvements Fund, The 2022 Community And Junior Colleges Capital Improvements Fund, The 2022 State Agencies Capital Improvements Fund, The 2022 Department Of Finance And Administration Statewide Repair And Renovation Fund, The Mississippi State University Veterinary School Fund, The Mississippi Site Development Grant Fund, The 2023 Lafayette County Infrastructure Improvements Fund, The 2023 Desoto County Infrastructure Improvements Fund, The 2023 Emergency Road And Bridge Fund, Strategic Multi-modal Investments Fund, And The 2022 Infrastructure Match Fund; To Direct The Transfer Of Certain Funds From The State Bp Settlement Fund To The 2024 Local Improvements Projects Fund; To Direct The Transfer Of Certain Funds From The Capital Expense Fund To The Employers' Accumulation Account Of The Public Employees' Retirement System Created In Section 25-11-123(c); To Direct The State Fiscal Officer To Make Disbursements From The 2022 Ihl Capital Improvements Fund, The 2022 Community And Junior Colleges Capital Improvements Fund, And The 2022 State Agencies Capital Improvements Fund For Certain Projects; To Direct The State Fiscal Officer To Make Disbursements From The 2022 Department Of Finance And Administration Statewide Repair And Renovation Fund To Pay The Costs Of Certain Infrastructure Improvements, General Repairs And Renovations; To Create The Mississippi State University Veterinary School Special Fund In The State Treasury; To Direct The State Fiscal Officer To Make Disbursements From The 2023 Local Improvements Projects Fund For Certain Projects; To Direct The Transfer Of Certain Funds From The Capital Expense Fund The Mississippi Main Street Revitalization Grant Program Fund And The Gulf Coast Passenger Rail Restoration Match Fund To Authorize Delta State University To Enter Into A Public-private Partnership With A Third-party Developer For Planning, Designing, Renovating, Constructing, Furnishing, And Equipping Ward Hall Dormitory And Cleveland Hall; To Authorize Delta State University To Enter Into A Partnership With The Cleveland School District To Create A Model Rural Education School To Serve Pre-k Through Sixth-grade Students From Bolivar County And To Take Certain Actions To Accomplish That Purpose; And For Related Purposes.

AI Summary

This bill directs the transfer of certain funds from the Capital Expense Fund and the State BP Settlement Fund to various funds for capital improvements, infrastructure projects, facility repairs and renovations, and other purposes across the state. It creates a new 2024 Local Improvements Projects Fund and a Mississippi State University Veterinary School Fund, and provides detailed instructions on how the monies in these funds should be disbursed. The bill also authorizes Delta State University to enter into public-private partnerships and a partnership with the Cleveland School District for facility projects and a model rural education program.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by Governor (on 05/13/2024)

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