l9n/ Mississippi

2011 Regular Session

Senate Bill 2438

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

Did not become law. It stopped in the House of Representatives's Appropriations Committee on March 1, 2011. The 2011 session has ended.

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 Senate

1 co-sponsor

Bob M. Dearing

Its course

January 12 to March 1, 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 action6 actions on 6 days

In the SenateJan 12 to Feb 221 days

FinanceJan 12 to Jan 2715 days

In the House of RepresentativesFeb 2 to Mar 1 · stopped27 days

AppropriationsFeb 7 to Mar 1 · stopped22 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 12 – Feb 2

  1. Jan 12Referred to the Senate committee on Finance
  2. Jan 27Reported from committee in the Senate: title sufficient, do pass
  3. Feb 2Passed the Senate

In the House of Representatives Feb 3 – Mar 1

  1. Feb 3Sent to the House
  2. Feb 7Referred to the House committee on Appropriations
  3. Mar 1Died in committee in the House
All 6 actions, as published
  1. Jan 12Referred To FinanceSenate
  2. Jan 27Title Suff Do PassSenate
  3. Feb 2PassedSenate
  4. Feb 3Transmitted To HouseSenate
  5. Feb 7Referred To AppropriationsHouse of Representatives
  6. Mar 1Died In CommitteeHouse of Representatives