l9n/ Mississippi

2009 Regular Session

Senate Bill 3171

Mississippi Children's Financial Security Act; create.

Did not become law. It stopped in the Senate's Finance Committee on February 3, 2009. The 2009 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO ESTABLISH THE MISSISSIPPI CHILDREN’S FINANCIAL SECURITY ACT TO ENABLE CHILDREN TO ACQUIRE THE HABIT OF SAVING AND THRIFT AND TO ACCUMULATE FINANCIAL ASSETS FOR EDUCATION AND 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, A TAX CREDIT TO MATCH CONTRIBUTIONS, 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; TO AMEND SECTION 27-7-15, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PROVISIONS 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 Senate

Its course

January 19 to February 3, 2009, 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 SenateJan 19 to Feb 3 · stopped15 days

FinanceJan 19 to Feb 3 · 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 Senate Jan 19 – Feb 3

  1. Referred to the Senate committee on Finance
  2. Died in committee in the Senate
All 2 actions, as published