MS SB2839 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 9 2022 - 100% progression
Action: 2022-03-09 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Amend Section 25-11-121, Mississippi Code Of 1972, To Increase, From 10% To 20% Of The Total Book Value Of All Investments Of The Public Employees' Retirement System, The Limit On The Total Book Value Of Investments Not Otherwise Authorized If In The Form Of A Separate Account Managed By A Securities And Exchange Commission Registered Investment Advisory Firm Retained As An Investment Manager By The Board Of Trustees Of The System, Or A Limited Partnership Or Commingled Fund Approved By The Board; And For Related Purposes.

Tracking Information

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Title

PERS; increase total book value limit for certain investments from 10% to 20% of total book value of all investments.

Sponsors


Roll Calls

2022-02-07 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-03-09HouseDied On Calendar
2022-03-08HouseRead the Third Time
2022-02-24HouseTitle Suff Do Pass As Amended
2022-02-09HouseReferred To Appropriations
2022-02-08SenateTransmitted To House
2022-02-07SenatePassed
2022-01-27SenateTitle Suff Do Pass
2022-01-17SenateReferred To Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2511121Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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