l9n/ Mississippi

2024 Regular Session

House Bill 1675

Unclaimed property; prescribe process to be used by certain cooperatives with regard to disposition of.

Became law as Chapter 418, Laws of 2024, signed April 20, 2024, 61 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 89-12-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM FARM CREDIT SYSTEM COOPERATIVE ASSOCIATIONS UNDER THE PROVISIONS OF THE UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT; TO AMEND SECTION 89-12-11, MISSISSIPPI CODE OF 1972, TO EXEMPT FARM CREDIT SYSTEM COOPERATIVE ASSOCIATIONS FROM THE REQUIREMENTS TO DISPOSE OF STOCK OR OTHER INTANGIBLE OWNERSHIP INTERESTS, DIVIDENDS, DISTRIBUTIONS OR PROPERTY PRESUMED TO BE ABANDONED BY AN OWNER AFTER THE SPECIFIED FIVE-YEAR PERIOD IN THE MANNER PRESCRIBED BY LAW; TO ALLOW FARM CREDIT SYSTEM COOPERATIVE ASSOCIATIONS TO RETAIN THE UNCLAIMED FUNDS WHICH SHALL BE USED FOR THE BENEFIT OF THE GENERAL MEMBERSHIP OF THE ASSOCIATION; 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

Its course

February 19 to April 20, 2024, 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 10 days

In the House of RepresentativesFeb 19 to Mar 717 days

Banking and Financial ServicesFeb 19 to Feb 289 days

In the SenateMar 7 to Apr 933 days

Business and Financial InstitutionsMar 21 to Apr 111 days

With the GovernorApr 9 to Apr 2011 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 Feb 19 – Mar 7

  1. Feb 19Referred to the House committee on Banking and Financial Services
  2. Feb 28Reported from committee in the House: title sufficient, do pass
  3. Mar 7Passed the House

In the Senate Mar 8 – Apr 9

  1. Mar 8Sent to the Senate
  2. Mar 21Referred to the Senate committee on Business and Financial Institutions
  3. Apr 1Reported from committee in the Senate: title sufficient, do pass
  4. Apr 9Passed the Senate

To the Governor Apr 10 – Apr 20

  1. Apr 10Returned to the House for enrolling
  2. Apr 12Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Apr 20Approved by the Governor
All 11 actions, as published
  1. Feb 19Referred To Banking and Financial ServicesHouse of Representatives
  2. Feb 28Title Suff Do PassHouse of Representatives
  3. Mar 7PassedHouse of Representatives
  4. Mar 8Transmitted To SenateHouse of Representatives
  5. Mar 21Referred To Business and Financial InstitutionsSenate
  6. Apr 1Title Suff Do PassSenate
  7. Apr 9PassedSenate
  8. Apr 10Returned For EnrollingSenate
  9. Apr 12Enrolled Bill SignedHouse of Representatives
  10. Apr 12Enrolled Bill SignedSenate
  11. Apr 20Approved by GovernorGovernor