Senate Bill 2865

AN ACT TO AUTHORIZE THE BOARD OF SUPERVISORS OF ADAMS COUNTY, MISSISSIPPI, TO PURCHASE THE CLAIM OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM (PERS) THAT WAS MADE IN BANKRUPTCY PROCEEDINGS FOR OBLIGATIONS OF THE NATCHEZ REGIONAL MEDICAL CENTER (HOSPITAL) FOR UNPAID EMPLOYER CONTRIBUTIONS FOR EMPLOYEES OF THE HOSPITAL COVERED BY PERS IN ORDER TO ENABLE PERS TO CALCULATE AND PAY THE FULL AMOUNTS OWED IN RETIREMENT BENEFITS TO SUCH EMPLOYEES; TO AUTHORIZE AND DIRECT PERS TO SELL AND ASSIGN TO ADAMS COUNTY, MISSISSIPPI, ALL OF ITS CLAIM AGAINST THE HOSPITAL FOR UNPAID EMPLOYER CONTRIBUTIONS UPON PAYMENT OF THE CLAIM; TO AUTHORIZE THE BOARD OF SUPERVISORS OF ADAMS COUNTY MISSISSIPPI TO BORROW MONEY AND ISSUE ITS NOTES, CERTIFICATES OF INDEBTEDNESS OR BONDS FOR A TERM NOT TO EXCEED 10 YEARS FOR THE PURPOSE OF FUNDING THE COSTS AND EXPENSES OF PURCHASING THE CLAIM OF PERS AS AUTHORIZED BY THIS ACT; AND FOR RELATED PURPOSES.

In the Senate

• Bob M. Dearing

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Mar 11 – Apr 20

1. Mar 11Referred to the Senate committees on Finance and on Local and Private
2. Apr 20Died in committee in the Senate