MS HB4 | 2017 | 1st Special Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 5 2017 - 100% progression
Action: 2017-06-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Be Known As The Fortify Act; To Amend Section 27-103-203, Mississippi Code Of 1972, To Increase The Cap On The Balance Of The Working Cash-stabilization Reserve Fund From 7.5% To 10% Of Current Fiscal Year General Fund Appropriations; To Amend Section 27-103-211, Mississippi Code Of 1972, To Provide That Unencumbered Cash Remaining At The End Of A Fiscal Year Is Not Included With The General Fund Revenue Estimate When Determining The Limit On Legislative General Fund Appropriations; To Amend Section 27-103-213, Mississippi Code Of 1972, To Revise The Distribution Formula For The Unencumbered General Fund Cash Balance At The End Of The Fiscal Year; To Amend Section 27-104-13, Mississippi Code Of 1972, To Clarify That The Joint Legislative Budget Committee Adopts The General Fund Revenue Estimate; To Require The Legislative Budget Office To Prepare A Multiyear Financial Plan Beginning With Fiscal Year 2021; To Amend Sections 27-103-125 And 27-103-139, Mississippi Code Of 1972, To Conform To The Preceding Provisions; And For Related Purposes.

Tracking Information

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Title

FORTIFY Act; create.

Sponsors


History

DateChamberAction
2017-06-05HouseDied In Committee
2017-06-05HouseReferred To Appropriations

Mississippi State Sources


Bill Comments

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