Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 19, 2008. The 2008 session has ended.
2008 Regular Session
House Bill 1057
Child Accounts Program; establish.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO ESTABLISH THE MISSISSIPPI CHILD ACCOUNTS PROGRAM TO ENABLE CHILDREN TO ACQUIRE THE HABIT OF SAVING AND THRIFT AND TO ACCUMULATE FINANCIAL ASSETS FOR THEIR TRANSITION TO ADULTHOOD; TO DEFINE CERTAIN TERMS; TO SPECIFY THE REQUIREMENTS FOR AN ACCOUNT TO BE TREATED AS A CHILD ACCOUNT UNDER THE PROGRAM; TO PROVIDE FOR THE OPENING AND TRANSFER OF CHILD ACCOUNTS; TO PROVIDE FOR INITIAL AND LATER CONTRIBUTIONS TO CHILD ACCOUNTS, MATCHING CONTRIBUTIONS BY THE STATE, AND WITHDRAWALS FROM THOSE ACCOUNTS; TO PROVIDE FOR THE INVESTMENT OF CHILD ACCOUNTS; TO PROVIDE THAT AMOUNTS IN CHILD ACCOUNTS SHALL NOT BE CONSIDERED AS GROSS INCOME FOR STATE INCOME TAX PURPOSES; TO PROVIDE FOR CIVIL PENALTIES FOR VIOLATIONS OF THIS ACT; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 4 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesFeb 4 to Feb 19 · stopped15 days
Ways and MeansFeb 4 to Feb 19 · stopped15 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Feb 4 – Feb 19
- Feb 4Referred to the House committee on Ways and Means
- Feb 19Died in committee in the House
All 2 actions, as published
- Feb 4Referred To Ways and MeansHouse of Representatives
- Feb 19Died In CommitteeHouse of Representatives