MS SB2848 | 2021 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 2 2021 - 100% progression
Action: 2021-02-02 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Create The "foreign Company Accountability Act"; To Define Certain Terms Used In The Act; To Require The Executive Director Of The Department Of Finance And Administration To Develop And Publish A List Of Companies Determined To Engage In Fraudulent Financial Activities; To Prohibit The Public Employees' Retirement System And The State Treasurer From Investing Funds With A Company That Is Identified On The List; To Provide That An Investment May Be Made In A Company Engaged In Such Activities If The Investor Makes A Determination That The Investments Are Necessary In Order To Perform Its Functions; To Hold Harmless Officers, Employees And Agents Of The Retirement System And State Treasurer's Office For Claims Arising From Decisions To Restrict Investments Under This Act; And For Related Purposes.

Tracking Information

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Title

Foreign Company Accountability Act; create.

Sponsors


History

DateChamberAction
2021-02-02SenateDied In Committee
2021-01-18SenateReferred To Business and Financial Institutions;Accountability, Efficiency, Transparency

Mississippi State Sources


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