Appropriation; Treasurer's Office.
What changed between versions
Added Section 6 requiring the State Treasurer to maintain complete accounting and personnel records in the same format as Fiscal Year 2025, and to submit Fiscal Year 2027 budget requests with comparable detail to the Joint Legislative Budget Committee.
Added Section 7 requiring the Legislature to give purchasing preference to Mississippi Industries for the Blind when bids are equal in price, quality, and service, and when no competitive bids are required.
Added Section 8 subsection clarifying that funds from the Mississippi Prepaid Affordable College Tuition Administrative Fund cannot be used for any program other than the Mississippi Prepaid Affordable College Tuition program.
Added Section 8 allocating specific amounts from Section 1 funds to three programs: Mississippi Prepaid Affordable College Tuition ($1,854,655), Mississippi Affordable College Savings ($177,860), and Treasury Office Support programs ($4,616,218).
Modified Section 4 to add language authorizing the State Treasurer to accept, budget, and expend up to One Million Dollars from the Mississippi Prepaid Affordable College Tuition Program for prepaid tuition contracts, with escalation consistent with federal funds.
Added Section 9 clarifying that funds shall be paid by the State Treasurer upon warrants issued by the State Fiscal Officer based on requisitions signed by proper officers.
Removed Section 5 which contained provisions about prohibited payments to relatives and joint liability for such payments.
Modified Section 10 to state the act takes effect and is in force from July 1, 2025, and is repealed from and after June 30, 2025 (note: this repeal date appears to be an error as the act is for Fiscal Year 2026).
