IHL; continue annual deposits into Ayers Settlement Fund for 10 years and end reductions to Ayers Endowment Trust.
An Act To Amend Section 27-103-203, Mississippi Code Of 1972, To Provide That A Certain Amount Of The Interest Earned Each Fiscal Year On The Sums In The Working Cash-stabilization Reserve Fund Must Be Deposited Into The Ayers Settlement Fund For The Next Ten Fiscal Years; To Delete The Requirement To Make Annual Reductions In The Ayers Endowment Trust After A Certain Amount Has Been Deposited Into The Ayers Settlement Fund Under This Section; To Amend Section 37-101-27, Mississippi Code Of 1972, To Conform To The Preceding Provisions; And For Related Purposes.
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