Bill Text: MS HB1075 | 2016 | Regular Session | Introduced
Bill Title: Taxes collected for community colleges; require Dept. of Revenue to settle with colleges rather than county clerks.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Failed) 2016-02-23 - Died In Committee [HB1075 Detail]
Download: Mississippi-2016-HB1075-Introduced.html
MISSISSIPPI LEGISLATURE
2016 Regular Session
To: Revenue and Expenditure General Bills
By: Representatives Kinkade, Hale
House Bill 1075
AN ACT TO AMEND SECTION 37-29-143, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CERTAIN TAX REVENUE THAT IS PAID TO CERTAIN COMMUNITY COLLEGES SHALL BE SETTLED BY THE DEPARTMENT OF REVENUE RATHER THAN THE CHANCERY CLERK OF THE COUNTY IN WHICH THE COMMUNITY COLLEGES LIE; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 37-29-143, Mississippi Code of 1972, is amended as follows:
37-29-143. (1) On or before the thirtieth day of each month, the board of supervisors of each county belonging to a junior college district and levying taxes pursuant to subsection (1) of Section 37-29-141, for the support and maintenance thereof shall transmit or have the chancery clerk transmit its warrant or warrants constituting all of the revenues received from taxation for the prior month for said purposes to the chief executive officer or president of its respective junior college district. All such county warrants evidencing a county's annual income from its authorized tax levy shall be forthwith deposited in one or more banking institutions and public depositories previously selected by the board of trustees of the junior college district and spread upon its official minutes. The board of trustees shall, by appropriate orders spread upon its minutes, authorize its chief executive officer or president to expend such funds for lawful purposes only and in accordance with its annual budget previously adopted.
The board of trustees may require its designated employees, including its president, and fiscal agents to enter into and file with the president of the college a surety bond to insure the faithful performance of the public duties of each officer or agent who is authorized to receive and expend the funds of the district. Such bond may be of such denomination and conditions as the board of trustees may deem necessary and requisite, and the premium thereon shall be paid from the funds of the district.
(2) All funds derived from
such taxes as are provided for in subsection (2) of Section 37-29-141, shall be
paid * * * to the
Department of Revenue, and the department shall then pay to the board of
trustees of the junior college such taxes on or before the fifteenth day of the
month following the month in which the taxes are collected. Such taxes shall
be utilized by the board of trustees of the junior college for purposes
provided by statute.
SECTION 2. This act shall take effect and be in force from and after July 1, 2016.
