Did not become law. It stopped in the Senate on February 9, 2023. The 2023 session has ended.
2023 Regular Session
Senate Bill 2849
PERS; clarify fiduciary duty to invest for highest return and not based on environmental, social and governance (ESG) factors.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO CLARIFY THE FIDUCIARY DUTY AND INVESTMENT POLICIES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO ENSURE THAT FIDUCIARIES RESPONSIBLE FOR INVESTING PUBLIC RETIREMENT MONIES DO SO ONLY IN A MANNER PRIORITIZING THE SAFETY OF AND HIGHEST RETURN ON INVESTMENT FOR BENEFICIARIES, WITHOUT CONSIDERATION OF ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) FACTORS OR OTHER NONPECUNIARY BELIEFS OR POLITICAL FACTORS; TO AMEND SECTIONS 25-11-3 AND 25-11-15, MISSISSIPPI CODE OF 1972, TO CONFORM; 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
Sponsor
Its course
January 16 to February 9, 2023, 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 action3 actions on 3 days
In the SenateJan 16 to Feb 9 · stopped24 days
FinanceJan 16 to Jan 3115 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 16 – Feb 9
- Jan 16Referred to the Senate committee on Finance
- Jan 31Reported from committee in the Senate: title sufficient, do pass
- Feb 9Died on the calendar in the Senate
All 3 actions, as published
- Jan 16Referred To FinanceSenate
- Jan 31Title Suff Do PassSenate
- Feb 9Died On CalendarSenate