SB 2894
Local Improvement projects; require return of unexpended funds and earned interest.
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
An act to require the return of unexpended, local improvement project funds and unexpended interest earned on those funds to the capital expense fund; To provide a procedure for withholding a certain percentage of the payments and allocations to a municipality OR county under section 27-65-75 to recover funds owed to the capital expense fund under this act where a county OR municipality fails to return such funds; To amend sections 27-65-75, 27-104-371, 27-104-373 and 27-104-375, mississippi code of 1972, to conform; And for related purposes.
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