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 TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.

Statutes affected:
As Introduced: 27-65-75, 27-104-371, 27-104-373, 27-104-375