MS HB1230 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 5 2019 - 100% progression
Action: 2019-03-05 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Amend Section 27-105-365, Mississippi Code Of 1972, To Authorize Hospitals To Maintain A Trust Fund Consisting Of Commingled Funds Of Other Governmental Hospitals Operating In Mississippi That Do Not Share Common Ownership Or Management; To Prescribe What May Be Included In The Portfolio Of Such Trust Funds And The Maximum And Minimum Limitations Of Such Inclusion In Dollar Amount And Percentages; To Require The Entity Or Individual Responsible For Managing The Trust To Possess Trust Powers Or To Be Registered With The Securities And Exchange Commission; To Require The Investment Manager Of The Commingled Funds To Invest The Funds As A Fiduciary; And For Related Purposes.

Tracking Information

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Title

Trust fund; authorize hospitals to maintain fund consisting of commingled funds of other governmental hospitals for expenses.

Sponsors


Roll Calls

2019-02-13 - House - House Passed (Y: 111 N: 5 NV: 3 Abs: 0) [PASS]

History

DateChamberAction
2019-03-05SenateDied In Committee
2019-02-27SenateReferred To Finance
2019-02-14HouseTransmitted To Senate
2019-02-13HousePassed
2019-02-13HouseCommittee Substitute Adopted
2019-02-12HouseRead the Third Time
2019-02-05HouseTitle Suff Do Pass Comm Sub
2019-01-21HouseReferred To Banking and Financial Services

Mississippi State Sources


Bill Comments

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