l9n/ Mississippi

2011 Regular Session

House Bill 861

Retirement; provide that persons who exercise control over certain PERS investments shall act as fiduciaries.

Became law as Chapter 397, Laws of 2011, signed March 11, 2011, 53 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 25-11-121, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT WITH RESPECT TO CERTAIN INVESTMENTS MADE BY THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM THAT ARE IN THE FORM OF A SEPARATE MANAGED ACCOUNT, OR A LIMITED PARTNERSHIP OR COMMINGLED FUND, ANY PERSON OR ENTITY WHO EXERCISES ANY DISCRETIONARY AUTHORITY OR DISCRETIONARY CONTROL RESPECTING MANAGEMENT OF THE SEPARATE ACCOUNT, LIMITED PARTNERSHIP OR COMMINGLED FUND, OR WHO EXERCISES ANY AUTHORITY OR CONTROL RESPECTING MANAGEMENT OR DISPOSITION OF THE ASSETS OF THE SEPARATE ACCOUNT, LIMITED PARTNERSHIP OR COMMINGLED FUND, SHALL EXERCISE SUCH AUTHORITY OR CONTROL AS A FIDUCIARY; 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

Its course

January 17 to March 11, 2011, 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 action11 actions on 10 days

In the House of RepresentativesJan 17 to Feb 216 days

AppropriationsJan 17 to Feb 115 days

In the SenateFeb 2 to Mar 329 days

FinanceFeb 7 to Mar 122 days

With the GovernorMar 3 to Mar 118 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 Jan 17 – Feb 2

  1. Jan 17Referred to the House committee on Appropriations
  2. Feb 1Reported from committee in the House: title sufficient, do pass
  3. Feb 2Passed the House

In the Senate Feb 3 – Mar 3

  1. Feb 3Sent to the Senate
  2. Feb 7Referred to the Senate committee on Finance
  3. Mar 1Reported from committee in the Senate: title sufficient, do pass
  4. Mar 3Passed the Senate

To the Governor Mar 4 – Mar 11

  1. Mar 4Returned to the House for enrolling
  2. Mar 7Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Mar 11Approved by the Governor
All 11 actions, as published
  1. Jan 17Referred To AppropriationsHouse of Representatives
  2. Feb 1Title Suff Do PassHouse of Representatives
  3. Feb 2PassedHouse of Representatives
  4. Feb 3Transmitted To SenateHouse of Representatives
  5. Feb 7Referred To FinanceSenate
  6. Mar 1Title Suff Do PassSenate
  7. Mar 3PassedSenate
  8. Mar 4Transmitted To HouseSenate
  9. Mar 7Enrolled Bill SignedHouse of Representatives
  10. Mar 7Enrolled Bill SignedSenate
  11. Mar 11Approved by GovernorGovernor