l9n/ Mississippi

2022 Regular Session

Senate Bill 2839

PERS; increase total book value limit for certain investments from 10% to 20% of total book value of all investments.

Did not become law. It stopped in the House of Representatives on March 9, 2022. The 2022 session has ended.

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% OF THE TOTAL BOOK VALUE OF ALL INVESTMENTS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM, THE LIMIT ON THE TOTAL BOOK VALUE OF INVESTMENTS NOT OTHERWISE AUTHORIZED IF 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; 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 17 to March 9, 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 action8 actions on 8 days

In the SenateJan 17 to Feb 721 days

FinanceJan 17 to Jan 2710 days

In the House of RepresentativesFeb 7 to Mar 9 · stopped30 days

AppropriationsFeb 9 to Feb 2415 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentPending

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 17 – Feb 7

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

In the House of Representatives Feb 8 – Mar 9

  1. Sent to the House
  2. Referred to the House committee on Appropriations
  3. Reported from committee in the House: title sufficient, do pass as amended
  4. Read the third time in the House
  5. Died on the calendar in the House
All 8 actions, as published