l9n/ Mississippi

2011 Regular Session

Senate Bill 2454

Uniform Prudent Management of Institutional Funds Act; enact.

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

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT; TO ENACT A SHORT TITLE; TO CREATE DEFINITIONS; TO SET THE STANDARD OF CONDUCT IN MANAGING AND INVESTING INSTITUTIONAL FUNDS; TO ENACT DEFAULT RULES OF CONSTRUCTION; TO PROVIDE FOR THE DELEGATION OF MANAGEMENT AND INVESTMENT FUNCTIONS; TO PROVIDE FOR THE RELEASE OR MODIFICATION OF RESTRICTIONS ON MANAGEMENT, INVESTMENT OR PURPOSE; TO SPECIFY IN WHAT WAY COMPLIANCE WITH THE ACT WILL BE DETERMINED; TO MAKE TRANSITION PROVISIONS; TO PROVIDE FOR THE RELATIONSHIP OF THE ACT TO CERTAIN OTHER LAWS; TO PROVIDE FOR UNIFORMITY OF APPLICATION AND CONSTRUCTION; TO REPEAL SECTIONS 79-11-601 THROUGH 79-11-617, MISSISSIPPI CODE OF 1972, WHICH CONSTITUTE THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS 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 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 928 days

Business and Financial InstitutionsJan 12 to Jan 3119 days

In the House of RepresentativesFeb 9 to Mar 1 · stopped20 days

Judiciary BFeb 14 to Mar 1 · 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 12 – Feb 9

  1. Jan 12Referred to the Senate committee on Business and Financial Institutions
  2. Jan 31Reported from committee in the Senate: title sufficient, do pass
  3. Feb 9Passed the Senate

In the House of Representatives Feb 10 – Mar 1

  1. Feb 10Sent to the House
  2. Feb 14Referred to the House committee on Judiciary B
  3. Mar 1Died in committee in the House
All 6 actions, as published
  1. Jan 12Referred To Business and Financial InstitutionsSenate
  2. Jan 31Title Suff Do PassSenate
  3. Feb 9PassedSenate
  4. Feb 10Transmitted To HouseSenate
  5. Feb 14Referred To Judiciary BHouse of Representatives
  6. Mar 1Died In CommitteeHouse of Representatives