l9n/ Mississippi

2012 Regular Session

Senate Bill 2361

Uniform Prudent Management of Institutional Funds Act; enact.

Did not become law. It stopped in the Senate's Accountability, Efficiency, Transparency Committee on March 6, 2012. The 2012 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

February 13 to March 6, 2012, 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 action3 actions on 3 days

In the SenateFeb 13 to Mar 6 · stopped22 days

Business and Financial InstitutionsFeb 13 to Feb 2714 days

Accountability, Efficiency, TransparencyFeb 27 to Mar 6 · stopped8 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 Feb 13 – Mar 6

  1. Feb 13Referred to the Senate committees on Business and Financial Institutions and on Accountability, Efficiency, Transparency
  2. Feb 27Reported from BF to AC in the Senate: title sufficient, do pass
  3. Mar 6Died in committee in the Senate
All 3 actions, as published
  1. Feb 13Referred To Business and Financial Institutions;Accountability, Efficiency, TransparencySenate
  2. Feb 27DR - TSDP: BF To ACSenate
  3. Mar 6Died In CommitteeSenate