Budget; direct disbursements from certain special funds.
What changed between versions
Removed provisions that brought forward existing sections of the Mississippi Code regarding general budget preparation, revenue estimates, and the creation of a Working Cash-Stabilization Reserve Fund.
Added detailed allocations totaling over $145 million to specific entities, including $75.1 million for State Institutions of Higher Learning, $40 million for Community Colleges, $30 million for State Agencies, and numerous smaller grants for local governments and organizations.
Added specific requirements for institutions to provide accounting of unused funds within four years and authorized the use of funds to reimburse administrative costs up to 2% of the project amount.
Removed the statutory definition of the Capital Expense Fund and its rules for distributing unencumbered cash balances at the end of the fiscal year.