State Treasurer Of Mississippi
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State Treasurer of Mississippi is a post created in 1817 when the state was admitted to the
Union Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Unio ...
. Before the state was formed by splitting the
Alabama Territory The Territory of Alabama (sometimes Alabama Territory) was an organized incorporated territory of the United States. The Alabama Territory was carved from the Mississippi Territory on August 15, 1817 and lasted until December 14, 1819, when i ...
from the
Mississippi Territory The Territory of Mississippi was an organized incorporated territory of the United States that was created under an organic act passed by the United States Congress, Congress of the United States. It was approved and signed into law by Presiden ...
, an equivalent post was the Territorial Treasurer General, established in 1802.


History

The position of state treasurer was enumerated as part of the executive branch in Mississippi's first constitution in 1817. The office was filled by the choice of the
Mississippi Legislature The Mississippi Legislature is the State legislature (United States), state legislature of the U.S. state of Mississippi. The bicameral Legislature is composed of the Lower house, lower Mississippi House of Representatives, with 122 members, and ...
. The first treasurer, Samuel Brooks, was elected on December 19, 1817. The 1832 constitution stipulated that the treasurer was to be popularly elected to serve a two-year term. The 1869 constitution expanded the officer's term to four years.


Powers, responsibilities, and structure

Under Article 5, Section 134, of the
Mississippi Constitution The Constitution of Mississippi is the primary organizing law for the U.S. state of Mississippi delineating the duties, powers, structures, and functions of the state government. Mississippi's original constitution was adopted at a constituti ...
, the state treasurer is elected every four years. Candidates for the office must meet the same constitutional qualifications as candidates for the position of secretary of state; they must be at least 25 years old and have lived in the state for at least five years. The office holder is not subject to term limits. Most of the treasurer's duties are determined by state statute. The treasurer is responsible for keeping certain financial records for the state, including receipts, deposits, and disbursement of money from the state treasury. The constitution requires the treasurer to review and approve all contracts for the provision of "stationery, printing, paper, and fuel" for state agencies and the legislature. They also oversee public
bond Bond or bonds may refer to: Common meanings * Bond (finance), a type of debt security * Bail bond, a commercial third-party guarantor of surety bonds in the United States * Fidelity bond, a type of insurance policy for employers * Chemical bond, t ...
issues. The treasurer is ''ex officio'' the treasurer of the Mississippi Employment Security Commission and chair of the College Savings Plan of Mississippi Board. They are also ''ex officio'' a member of several other state boards, including the State Bond Commission, Public Employees Retirement Board, Mississippi Business Finance Corporation, Mississippi Development Bank, License Tag Commission, Tort Claims Board, Mississippi Windstorm Underwriting Association Board, Mississippi Guaranty Pool Board, Economic Development Strategic Planning Task Force, State Prison Emergency and management board, and the Historic Properties Trust Fund Advisory Committee. The treasurer's salary is $90,000 per year, but is set to increase to $120,000 annually in 2024.


List of treasurers


Territorial Treasurers General


State Treasurers


References


Works cited

*
History, Mississippi Dept of Archives and (1924). ''The Official and Statistical Register of the State of Mississippi''. Department of Archives and History.
* * * {{Mississippi statewide elected officials *
Treasurers A treasurer is a person responsible for the financial operations of a government, business, or other organization. Government The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasurer ...