l9n/ Mississippi

2019 Regular Session

House Bill 1230

Trust fund; authorize hospitals to maintain fund consisting of commingled funds of other governmental hospitals for expenses.

Did not become law. It stopped in the Senate's Finance Committee on March 5, 2019. The 2019 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-105-365, MISSISSIPPI CODE OF 1972, TO AUTHORIZE HOSPITALS TO MAINTAIN A TRUST FUND CONSISTING OF COMMINGLED FUNDS OF OTHER GOVERNMENTAL HOSPITALS OPERATING IN MISSISSIPPI THAT DO NOT SHARE COMMON OWNERSHIP OR MANAGEMENT; TO PRESCRIBE WHAT MAY BE INCLUDED IN THE PORTFOLIO OF SUCH TRUST FUNDS AND THE MAXIMUM AND MINIMUM LIMITATIONS OF SUCH INCLUSION IN DOLLAR AMOUNT AND PERCENTAGES; TO REQUIRE THE ENTITY OR INDIVIDUAL RESPONSIBLE FOR MANAGING THE TRUST TO POSSESS TRUST POWERS OR TO BE REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION; TO REQUIRE THE INVESTMENT MANAGER OF THE COMMINGLED FUNDS TO INVEST THE FUNDS 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 House of Representatives

Its course

January 21 to March 5, 2019, 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 action8 actions on 7 days

In the House of RepresentativesJan 21 to Feb 1323 days

Banking and Financial ServicesJan 21 to Feb 515 days

In the SenateFeb 13 to Mar 5 · stopped20 days

FinanceFeb 27 to Mar 5 · stopped6 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 House of Representatives Jan 21 – Feb 13

  1. Referred to the House committee on Banking and Financial Services
  2. Reported from committee in the House: title sufficient, do pass as a committee substitute
  3. Read the third time in the House
  4. Committee substitute adopted in the House
  5. Passed the House

In the Senate Feb 14 – Mar 5

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Died in committee in the Senate
All 8 actions, as published