SB2495: Mississippi Outdoor Stewardship Trust Fund; create.

Legislative Summary

An Act To Create A Special Fund In The State Treasury To Be Designated The Mississippi Outdoor Stewardship Trust Fund; To Provide That Monies In The Special Fund May Be Used By The Department Of Finance And Administration As Appropriated By The Legislature For Grants To Counties, Municipalities And State Agencies For Specific Purposes Related To The Conservation Or Promotion Of Wildlife, Natural Areas Or Outdoor Activities; To Create The Board Of Trustees Of The Mississippi Outdoor Stewardship Trust Fund; To Set Out The Composition Of The Board; To Provide That The Board Shall Review Applications For Assistance And Make Recommendations To The Legislature In Furtherance Of Providing Assistance To Counties, Municipalities And State Agencies For Authorized Purposes; To Require An Independent Audit Of Expenses From Amounts Appropriated Up To And Including $750,000.00; To Provide That Appropriated Amounts Over $750,000.00 Shall Be Disbursed Only On A Reimbursement Basis; To Require The Board To Submit An Annual Report Of Its Activities For The Preceding State Fiscal Year To The Governor And Legislature; And For Related Purposes.