Working Cash-Stabilization Reserve Fund; increase minimum balance of.

Failed on 3/3/26

Summary

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From the Legislature

An Act To Amend Section 27–103–203, Mississippi Code Of 1972, To Increase The Minimum Balance Requirement Of The Working Cash-stabilization Reserve Fund From 10% Of The Total General Fund Appropriations For The Current Fiscal Year To 15%; To Delete Outdated Provisions Concerning The Ayers Settlement Fund; To Amend Section 27-103-213, Mississippi Code Of 1972, To Increase The Limit On The Diversion Of The Unencumbered General Fund Balance To The Working Cash-stabilization Reserve Fund From 10% Of The General Fund Appropriations For The Fiscal Year That The Unencumbered General Fund Cash Balance Represents To 15%; To Bring Forward Section 27-103-211, Mississippi Code Of 1972, For Possible Amendment; And For Related Purposes.

Sponsors

0
2
RR
Democratic CaucusRepublican Caucus

Roll Call Votes

Senate Passed

52 Yea

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0 Nay