Miss. Code § 29-17-6

Current through 6/1/2024

Section 29-17-6 - 2022 State Agencies Capital Improvements Fund created; use of monies

(a)

(i) A special fund, to be designated as the "2022 State Agencies Capital Improvements Fund," is created within the State Treasury. The fund shall be maintained by the State Treasurer as a separate and special fund, separate and apart from the General Fund of the state. Unexpended amounts remaining in the fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned or investment earnings on amounts in the fund shall be deposited into such fund.

(ii) Monies deposited into the fund shall be disbursed, in the discretion of the Department of Finance and Administration, to pay the costs of capital improvements, renovation and/or repair of existing facilities, furnishings and/or equipping facilities for public facilities as hereinafter described:

STATE AGENCIES....................		$ 33,250,000.00
Department of Finance and Administration....................		$ 21,500,000.00
Continuation of planning, repair, restoration of and improvements to the New Capitol Grounds....................	$ 5,000,000.00
Phase II of repair, renovation, furnishing and equipping of the 660 North Street Building ....................	$ 9,500,000.00
Phase II of repair, renovation, furnishing and equipping of the 350 High Street Building ....................	$ 7,000,000.00
Department of Mental Health ....................		$ 7,750,000.00
Phase II of ligature compliance measures at the Mississippi State Hospital ....................	$ 1,250,000.00
Planning, construction, furnishing and equipping of new north entry gate security station and perimeter fencing at the Boswell Regional Center....................	$ 1,500,000.00
Planning, repair and renovation, furnishing and equipping of Buildings #42, #49 and #50 at Ellisville State School ....................	$ 3,000,000.00
Planning, construction, furnishing and equipping of new entry security station and reconstruction of north passage bridge at North Mississippi Regional Center ....................	$ 2,000,000.00
Department of Public Safety....................		$ 4,000,000.00
Continuation of construction, furnishing and equipping of new Troop G Highway Patrol Substation in Starkville ....................	$ 4,000,000.00
TOTAL....................		$ 33,250,000.00

(b)

(i) Amounts deposited into such special fund shall be disbursed to pay the costs of projects described in paragraph (a) of this section. If any monies in such special fund are not used within four (4) years after the date funds are transferred under Section 3 of Chapter 510, Laws of 2022, from the Capital Expense Fund created in Section 27-103-303, Mississippi Code of 1972, into the special fund, then the agency for which any unused monies are allocated under paragraph (a) of this section shall provide an accounting of such unused monies to the Department of Finance and Administration.

(ii) Monies in the special fund may be used to reimburse reasonable actual and necessary costs incurred by the Department of Finance and Administration, acting through the Bureau of Building, Grounds and Real Property Management, in administering or providing assistance directly related to a project described in paragraph (a) of this section. An accounting of actual costs incurred for which reimbursement is sought shall be maintained for each project by the Department of Finance and Administration, Bureau of Building, Grounds and Real Property Management. Reimbursement of reasonable actual and necessary costs for a project shall not exceed two percent (2%) of the monies in the special fund used for such project. Monies authorized for a particular project may not be used to reimburse administrative costs for unrelated projects.

(c) The Department of Finance and Administration, acting through the Bureau of Building, Grounds and Real Property Management, is expressly authorized and empowered to receive and expend any local or other source funds in connection with the expenditure of funds provided for in this section. The expenditure of monies deposited into the special fund shall be under the direction of the Department of Finance and Administration, and such funds shall be paid by the State Treasurer upon warrants issued by such department, which warrants shall be issued upon requisitions signed by the Executive Director of the Department of Finance and Administration, or his designee.

(d) Any amounts allocated to an agency that are in excess of that needed to complete the projects at such agency that are described in paragraph (a) of this section may be used for general repairs and renovations at the agency.

Miss. Code § 29-17-6

Amended by Laws, 2023, ch. 549, HB 603,§ 15, eff. 4/21/2023.

Added by Laws, 2022, ch. 510, HB 1353,§ 22, eff. 7/1/2022.