SB 2190

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RESERVE FUND FROM 10% OF THE TOTAL GENERAL FUND APPROPRIATIONS FOR THE CURRENT FISCAL YEAR TO 15%; TO DELETE OUTDATED PROVISIONS CONCERNING THE AYERS SETTLEMENT FUND; TO AMEND SECTION 27-103-213, MISSISSIPPI CODE OF 1972, TO INCREASE THE LIMIT ON THE DIVERSION OF THE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.