Mississippi 2023 Regular Session

Mississippi Senate Bill SB3050

Introduced

2/14/23

Refer

2/14/23

Engrossed

2/16/23

Refer

2/21/23

Enrolled

3/30/23

Passed

4/19/23

Caption

Appropriation; Treasurer's Office.

Impact

The impact of SB3050 is significant as it continues to fund the essential operations of the State Treasurer's Office, which plays a crucial role in managing the state's finances. The funds appropriated will allow for proper administration and support of the state's financial obligations, including responsibilities related to the Mississippi Prepaid Affordable College Tuition Program. Furthermore, the bill stipulates that funds must be used in accordance with established guidelines to prevent misuse and uphold fiscal accountability.

Summary

Senate Bill 3050 is an appropriation bill designed to allocate funds necessary for the operations of the Office of the State Treasurer for the fiscal year 2024. The bill specifies an allocation of $6,280,736 from the state treasury, and outlines various administrative requirements and restrictions related to the use of these funds, which are aimed at supporting the ongoing services of the treasurer's office. In addition to personal services and administrative costs, the bill also provides instructions for maintaining records and ensures compliance with state financial regulations.

Sentiment

The general sentiment around SB3050 appears to be supportive, as appropriations typically garner less opposition compared to more contentious legislative issues. Policymakers recognize the importance of funding governmental operations, particularly those concerning financial oversight and accountability. Stakeholders in education and finance may view this bill favorably since it ensures funding for programs like the Mississippi College Tuition Trust Fund, which benefits students and families saving for college tuition.

Contention

Although SB3050 seems to have a generally positive reception, there are underlying points of contention regarding the management of appropriated funds and the preferences outlined for certain contracts. Some concerns have been raised about ensuring transparency and the appropriate allocation of resources, particularly regarding salary expenditures. The bill emphasizes that salaries and expenditures should not exceed what has been appropriated or based on previous fiscal year metrics, aiming to prevent fiscal irresponsibility in state financial management.

Latest MS SB3050 Activity

View All Events: MS 2023 Regular Session SB3050

Companion Bills

No companion bills found.

Previously Filed As

MS SB3045

Appropriation; Treasurer's Office.

MS SB3099

Appropriation; Treasurer's Office.

MS SB2040

Appropriation; Treasurer's Office.

MS HB37

Appropriation; State Public Defender, Office of.

MS H0866

Relates to the maintenance appropriation to the Constitutional Officers for fiscal year 2027.

MS HB1930

Appropriation; State Public Defender, Office of.

MS SB3018

Appropriation; Transportation, Department of - State Aid Road Construction, Office of.

MS SB3076

Appropriation; Transportation, Department of - State Aid Road Construction, Office of.

MS SB2017

Appropriation; Transportation, Department of - State Aid Road Construction, Office of.

MS HB21

Appropriation; Fire Academy.

Similar Bills

MD SB282

Budget Bill (Fiscal Year 2027)

MD HB390

Budget Bill (Fiscal Year 2027)

MD HB0390

Budget Bill (Fiscal Year 2027)

MD HB350

Budget Bill (Fiscal Year 2026)

MD SB319

Budget Bill (Fiscal Year 2026)

PA HB1330

To provide appropriations from the General Fund for the expenses of certain agencies of the Executive Department for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025.

PA SB160

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2025, to June 30, 2026, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2025; and to provide for the additional appropriation of Federal and State funds to the Executive and Legislative Departments for the fiscal year July 1, 2024, to June 30, 2025, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2024.

PA SB1220

To provide appropriations from the General Fund for the expenses of the Executive, Legislative and Judicial Departments of the Commonwealth, the public debt and the public schools for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills incurred and remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide appropriations from special funds and accounts to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026; to provide for the appropriation of Federal funds to the Executive and Judicial Departments for the fiscal year July 1, 2026, to June 30, 2027, and for the payment of bills remaining unpaid at the close of the fiscal year ending June 30, 2026.