l9n/ Mississippi

2014 Regular Session

Senate Bill 2930

Coahoma County Reserve & Trust Fund; trustees may delegate investment of assets to investment advisors.

Became law as Chapter 909, Laws of 2014, signed March 19, 2014, 37 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND CHAPTER 912, LOCAL AND PRIVATE LAWS OF 2013, WHICH AUTHORIZES THE BOARD OF SUPERVISORS OF COAHOMA COUNTY, MISSISSIPPI, TO ESTABLISH THE COAHOMA COUNTY RESERVE AND TRUST FUND, TO PROVIDE THAT THE BOARD OF TRUSTEES OF THE FUND MAY DELEGATE TO INVESTMENT ADVISORS THE POWER TO ASSIGN, TRANSFER AND DISPOSE OF ANY OF THE SECURITIES AND INVESTMENTS OF THE FUND; TO MAKE IT CLEAR THAT THE EARNINGS COMPONENT OF THE FUND SHALL BE COMPOSED OF ALL INCOME EARNED ON THE CORPUS COMPONENT OF THE FUND; TO PROVIDE THAT IF THE EARNINGS COMPONENT IS INSUFFICIENT TO PAY THE AMOUNTS REQUIRED IN CONNECTION WITH THE MANAGEMENT BY THE TRUSTEES OF THE FUND, THE CORPUS COMPONENT MAY BE UTILIZED TO PAY SUCH AMOUNTS; TO PROVIDE THAT THE EARNINGS COMPONENT SHALL BE TRANSFERRED FROM THE FUND TO THE GENERAL FUND OF THE COUNTY AT THE DIRECTION OF THE BOARD OF SUPERVISORS; 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 10 to March 19, 2014, 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 action12 actions on 9 days

In the SenateFeb 10 to Feb 2515 days

Local and PrivateFeb 10 to Feb 199 days

In the House of RepresentativesFeb 25 to Mar 1013 days

Local and Private LegislationFeb 27 to Mar 56 days

With the GovernorMar 10 to Mar 199 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 10 โ€“ Feb 25

  1. Referred to the Senate committee on Local and Private
  2. Reported from committee in the Senate: title sufficient, do pass
  3. Passed the Senate

In the House of Representatives Feb 26 โ€“ Mar 10

  1. Sent to the House
  2. Referred to the House committee on Local and Private Legislation
  3. Reported from committee in the House: title sufficient, do pass
  4. Passed the House

To the Governor Mar 10 โ€“ Mar 19

  1. Released in the House to be sent on at once
  2. Returned to the Senate for enrolling
  3. Enrolled bill signed in the Senate
  4. Enrolled bill signed in the House
  5. Approved by the Governor
All 12 actions, as published