l9n/ Mississippi

2021 Regular Session

Senate Bill 2848

Foreign Company Accountability Act; create.

Did not become law. It stopped in the Senate's Business and Financial Institutions Committee on February 2, 2021. The 2021 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE "FOREIGN COMPANY ACCOUNTABILITY ACT"; TO DEFINE CERTAIN TERMS USED IN THE ACT; TO REQUIRE THE EXECUTIVE DIRECTOR OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO DEVELOP AND PUBLISH A LIST OF COMPANIES DETERMINED TO ENGAGE IN FRAUDULENT FINANCIAL ACTIVITIES; TO PROHIBIT THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE STATE TREASURER FROM INVESTING FUNDS WITH A COMPANY THAT IS IDENTIFIED ON THE LIST; TO PROVIDE THAT AN INVESTMENT MAY BE MADE IN A COMPANY ENGAGED IN SUCH ACTIVITIES IF THE INVESTOR MAKES A DETERMINATION THAT THE INVESTMENTS ARE NECESSARY IN ORDER TO PERFORM ITS FUNCTIONS; TO HOLD HARMLESS OFFICERS, EMPLOYEES AND AGENTS OF THE RETIREMENT SYSTEM AND STATE TREASURER'S OFFICE FOR CLAIMS ARISING FROM DECISIONS TO RESTRICT INVESTMENTS UNDER THIS 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

January 18 to February 2, 2021, 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 action2 actions on 2 days

In the SenateJan 18 to Feb 2 · stopped15 days

Business and Financial InstitutionsJan 18 to Feb 2 · stopped15 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 Jan 18 – Feb 2

  1. Jan 18Referred to the Senate committees on Business and Financial Institutions and on Accountability, Efficiency, Transparency
  2. Feb 2Died in committee in the Senate
All 2 actions, as published
  1. Jan 18Referred To Business and Financial Institutions;Accountability, Efficiency, TransparencySenate
  2. Feb 2Died In CommitteeSenate