l9n/ Mississippi

2023 Regular Session

Senate Bill 2887

State Treasurer; modify certain provisions concerning the deposit and investment of excess state funds.

Became law as Chapter 466, Laws of 2023, signed April 13, 2023, 87 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-105-33, MISSISSIPPI CODE OF 1972, TO MODIFY CERTAIN PROVISIONS CONCERNING THE DEPOSIT AND INVESTMENT OF EXCESS STATE FUNDS BY THE STATE TREASURER; TO REVISE THE REQUIREMENT THAT AT LEAST 80% OF THE TOTAL DOLLAR AMOUNT IN ALL REPURCHASE AGREEMENTS AT ANY ONE TIME SHALL BE PURSUANT TO CONTRACTS WITH QUALIFIED STATE DEPOSITORIES; TO PROVIDE THE OPTION OF INVESTING IN CERTAIN CORPORATE BONDS AND TAXABLE MUNICIPAL BONDS; TO AMEND SECTION 27-104-7, MISSISSIPPI CODE OF 1972, AS AMENDED BY HOUSE BILL NO. 249, 2023 REGULAR SESSION, AND HOUSE BILL NO. 540, 2023 REGULAR SESSION, TO SPECIFY THAT CERTAIN PUBLIC PROCUREMENT REVIEW BOARD PROVISIONS DO NOT IMPAIR OR LIMIT THE AUTHORITY OF THE STATE TREASURER TO ENTER INTO ANY PERSONAL OR PROFESSIONAL SERVICES CONTRACTS INVOLVING THE MANAGEMENT OF TRUST FUNDS, AN AUTHORITY COMPARABLE TO THAT GRANTED TO THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO REMOVE A SUBSECTION THAT REPEALED ON JULY 1, 2022; AND FOR RELATED PURPOSES.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 16 to April 13, 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 action20 actions on 16 days

In the SenateJan 16 to Feb 722 days

FinanceJan 16 to Jan 3115 days

In the House of RepresentativesFeb 7 to Mar 627 days

Ways and MeansFeb 13 to Feb 2815 days

Back in the SenateMar 6 to Apr 429 days

With the GovernorApr 4 to Apr 139 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Mar 6

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 7

  1. Jan 16Referred to the Senate committee on Finance
  2. Jan 31Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Feb 7Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Feb 8 – Mar 6

  1. Feb 8Sent to the House
  2. Feb 13Referred to the House committee on Ways and Means
  3. Feb 28Reported from committee in the House: title sufficient, do pass
  4. Mar 6Amended in the House
  5. Passed the House as amended

Back in the Senate Mar 7 – Apr 4

  1. Mar 7Returned to the Senate to concur in the House's amendments
  2. Mar 8Declined in the Senate to concur, and invited a conference
  3. Mar 17Conferees named in the Senate: Harkins, Johnson and Sparks
  4. Mar 21Conferees named in the House: Lamar, Steverson and Roberson
  5. Mar 24Conference report filed in the Senate
  6. Conference report filed in the House
  7. Mar 27Conference report adopted in the House
  8. Mar 28Conference report adopted in the Senate
  9. Apr 4Enrolled bill signed in the Senate

To the Governor Apr 4 – Apr 13

  1. Apr 4Enrolled bill signed in the House
  2. Apr 13Approved by the Governor
All 20 actions, as published
  1. Jan 16Referred To FinanceSenate
  2. Jan 31Title Suff Do Pass Comm SubSenate
  3. Feb 7Committee Substitute AdoptedSenate
  4. Feb 7PassedSenate
  5. Feb 8Transmitted To HouseSenate
  6. Feb 13Referred To Ways and MeansHouse of Representatives
  7. Feb 28Title Suff Do PassHouse of Representatives
  8. Mar 6AmendedHouse of Representatives
  9. Mar 6Passed As AmendedHouse of Representatives
  10. Mar 7Returned For ConcurrenceHouse of Representatives
  11. Mar 8Decline to Concur/Invite ConfSenate
  12. Mar 17Conferees Named Harkins,Johnson,SparksSenate
  13. Mar 21Conferees Named Lamar,Steverson,RobersonHouse of Representatives
  14. Mar 24Conference Report FiledSenate
  15. Mar 24Conference Report FiledHouse of Representatives
  16. Mar 27Conference Report AdoptedHouse of Representatives
  17. Mar 28Conference Report AdoptedSenate
  18. Apr 4Enrolled Bill SignedSenate
  19. Apr 4Enrolled Bill SignedHouse of Representatives
  20. Apr 13Approved by GovernorGovernor