l9n/ Mississippi

2020 Regular Session

House Bill 1058

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

Did not become law. It stopped in the Senate's Business and Financial Institutions Committee on June 9, 2020. The 2020 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 HOSPITALS 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

February 14 to June 9, 2020, 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 House of RepresentativesFeb 14 to Mar 419 days

Banking and Financial ServicesFeb 14 to Feb 2511 days

In the SenateMar 4 to Jun 9 · stopped97 days

Business and Financial InstitutionsMay 11 to Jun 9 · stopped29 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 Feb 14 – Mar 4

  1. Feb 14Referred to the House committee on Banking and Financial Services
  2. Feb 25Reported from committee in the House: title sufficient, do pass
  3. Mar 4Passed the House

In the Senate Mar 5 – Jun 9

  1. Mar 5Sent to the Senate
  2. May 11Referred to the Senate committee on Business and Financial Institutions
  3. Jun 9Died in committee in the Senate
All 6 actions, as published
  1. Feb 14Referred To Banking and Financial ServicesHouse of Representatives
  2. Feb 25Title Suff Do PassHouse of Representatives
  3. Mar 4PassedHouse of Representatives
  4. Mar 5Transmitted To SenateHouse of Representatives
  5. May 11Referred To Business and Financial InstitutionsSenate
  6. Jun 9Died In CommitteeSenate