l9n/ Mississippi

2022 Regular Session

House Bill 252

PERS; increase maximum percentage of investments of system that are in certain types of investments.

Became law as Chapter 331, Laws of 2022, signed March 17, 2022, 72 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 25-11-121, MISSISSIPPI CODE OF 1972, TO INCREASE FROM 10% TO 20% THE MAXIMUM PERCENTAGE OF INVESTMENTS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM THAT ARE IN THE FORM OF A SEPARATE ACCOUNT MANAGED BY A SECURITIES AND EXCHANGE COMMISSION REGISTERED INVESTMENT ADVISORY FIRM RETAINED AS AN INVESTMENT MANAGER BY THE BOARD OF TRUSTEES OF THE SYSTEM OR A LIMITED PARTNERSHIP OR COMMINGLED FUND APPROVED BY THE BOARD OF TRUSTEES; 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

1 co-sponsor

Jeff Hale

Its course

January 4 to March 17, 2022, 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 action11 actions on 11 days

In the House of RepresentativesJan 4 to Feb 229 days

AppropriationsJan 4 to Jan 2521 days

In the SenateFeb 2 to Mar 834 days

FinanceFeb 17 to Feb 247 days

With the GovernorMar 8 to Mar 179 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 4 โ€“ Feb 2

  1. Referred to the House committee on Appropriations
  2. Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Feb 3 โ€“ Mar 8

  1. Sent to the Senate
  2. Referred to the Senate committee on Finance
  3. Reported from committee in the Senate: title sufficient, do pass
  4. Passed the Senate

To the Governor Mar 9 โ€“ Mar 17

  1. Returned to the House for enrolling
  2. Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Approved by the Governor
All 11 actions, as published