Bill Text: MS SB2261 | 2014 | Regular Session | Enrolled
Bill Title: Pat Harrison Waterway District local funds; use DOR tax rolls.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2014-03-13 - Approved by Governor [SB2261 Detail]
Download: Mississippi-2014-SB2261-Enrolled.html
MISSISSIPPI LEGISLATURE
2014 Regular Session
To: Environment Prot, Cons and Water Res; Finance
By: Senator(s) Collins, Gollott
Senate Bill 2261
(As Sent to Governor)
AN ACT TO AMEND SECTION 51-15-129, MISSISSIPPI CODE OF 1972, TO REQUIRE THE PAT HARRISON WATERWAY DISTRICT TO USE STATE APPROVED TAX ROLLS AVAILABLE ON NOVEMBER 1 OF EACH YEAR AS A BASIS FOR DETERMINING THE PROPER SHARE THAT EACH MEMBER COUNTY WILL PAY TO THE DISTRICT IN AD VALOREM FUNDING; TO REQUIRE THAT EACH MEMBER COUNTY REMIT ITS SHARE OF AD VALOREM TAXES TO THE DISTRICT BY MARCH 1 OF EACH YEAR; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 51-15-129, Mississippi Code of 1972, is amended as follows:
51-15-129. In each county
of the State of Mississippi which is a part of the Pat Harrison Waterway
District, so long as funds are found to be necessary for the operation of the
district by annual legislative approval of the district budget, the tax
collector of such county shall pay into the depository selected by the water
district for such purpose an amount to be determined as follows: each county
shall pay a pro rata share (not to exceed the avails of one (1) mill through
September 30, 1997, and not to exceed the avails of three-fourths (3/4) mill
through September 30, 2005, and not to exceed seven-eighths (7/8) mill
thereafter) of the annual district budget based on the proportion that the most
recent total assessed valuation of the county bears to the most recent
aggregate total assessed valuation of all the counties which comprise the
district; provided, however, that any county bordering on the Gulf of Mexico
which by action of the board of supervisors has created and authorized a port
authority and which has been paying into the port authority the avails of a two-mill
levy that was established under Section 27-39-3 shall pay an amount not to
exceed one-tenth (1/10) mill through September 30, 2005, and not to exceed two-tenths
(2/10) mill thereafter, of the total assessed valuation of the county to the
Pat Harrison Waterway District pursuant to this section and the assessed
valuation of that county shall not be considered when calculating each county's
pro rata share of the district's budget. Of the amount paid by counties
required to pay to the district an amount not to exceed seven-eighths (7/8)
mill, an amount equivalent to the avails of one-eighth (1/8) mill shall be
utilized to fund flood control, water management and other similar projects as
requested by counties in the district. Of the amount paid by counties required
to pay to the district an amount not to exceed two-tenths (2/10) mill, an
amount equivalent to the avails of one-tenth (1/10) mill shall be utilized to
fund flood control, water management and other similar projects as requested by
counties in the district. It shall be the duty of the Pat Harrison Waterway
District Board of Directors in the month of * * * November annually upon receipt of
the total assessed valuation of the member counties, certified by the * * * Department
of Revenue, to prepare a request to the board of supervisors of member
counties to levy a tax using the formula herein established not to exceed the
maximum number of mills authorized by this section. Member counties shall
remit their share of the district budget no later than March 1 of each year.
SECTION 2. This act shall take effect and be in force from and after July 1, 2014.
