2014 Mississippi Code
Title 69 - AGRICULTURE, HORTICULTURE, AND ANIMALS
Chapter 8 - BEEF PROMOTION AND RESEARCH PROGRAM
§ 69-8-11 - Council permitted to accept gifts, donations and grants; submission of annual report of revenues and expenditures to commissioner; administrative costs

MS Code § 69-8-11 (2014) What's This?

(1) The council may accept monetary gifts, donations and grants from public as well as private sources.

(2) By July 31 of each year the council shall submit to the commissioner a complete report of all revenues and expenditures that were generated by the administration of this program in a format that has been approved by the commissioner.

(3) Of the monies collected under this program, an amount not to exceed fifteen percent (15%) of the total revenues per year shall be expended on the administrative costs of the program.

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