l9n/ Mississippi

2025 Regular Session

Senate Bill 2843

State Treasury Efficiency Act; enact.

Did not become law. It stopped in the House of Representatives's State Affairs Committee on March 4, 2025. The 2025 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO ENACT THE STATE TREASURY EFFICIENCY AND TRANSPARENCY ACT; TO DEFINE TERMS; TO REQUIRE ALL FUNDS HELD BY STATE AGENCIES WITHIN THE STATE TREASURY OR OUTSIDE THE STATE TREASURY TO BE HELD IN INTEREST-BEARING ACCOUNTS; TO REQUIRE, WHEN IT IS REASONABLY FEASIBLE TO DO SO, THAT ALL FUNDS HELD BY STATE AGENCIES WITHIN THE STATE TREASURY SHALL BE INCLUDED IN POOLED INTEREST-BEARING ACCOUNTS TO BE INVESTED BY THE TREASURER; TO REQUIRE THE TREASURER TO PERFORM AN ANNUAL REVIEW OF THE FUNDS THAT RECEIVE INTEREST ALLOCATION FROM POOLED INTEREST INVESTMENTS TO DETERMINE IF FUNDS THAT RECEIVE INTEREST ARE IDLE OTHER THAN THE RECEIPT OF INTEREST ALLOCATION FROM POOLED INTEREST INVESTMENTS; TO AUTHORIZE THE TREASURER TO PRECLUDE CERTAIN FUNDS FROM AN ALLOCATION OF INTEREST; TO REQUIRE EACH STATE AGENCY TO PROVIDE CERTAIN INFORMATION CONCERNING ITS FUNDS TO THE STATE TREASURER; TO REQUIRE THE TREASURER TO REPORT THE COMPILED FUND INFORMATION TO THE LEGISLATIVE BUDGET OFFICE; TO REQUIRE THE STATE FISCAL OFFICER TO ASSIST THE TREASURER IN MAKING CERTAIN DETERMINATIONS UNDER THE ACT; TO AUTHORIZE THE STATE FISCAL OFFICER TO DISAPPROVE OF PAYMENTS FROM THE STATE TREASURY IF A STATE AGENCY DOES NOT TIMELY PROVIDE THE INFORMATION REQUIRED BY THIS ACT; 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

1 co-sponsor

David Parker

Its course

January 20 to March 4, 2025, 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 action6 actions on 6 days

In the SenateJan 20 to Feb 617 days

AppropriationsJan 20 to Jan 3010 days

In the House of RepresentativesFeb 6 to Mar 4 · stopped26 days

State AffairsFeb 14 to Mar 4 · stopped18 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 20 – Feb 6

  1. Jan 20Referred to the Senate committee on Appropriations
  2. Jan 30Reported from committee in the Senate: title sufficient, do pass
  3. Feb 6Passed the Senate

In the House of Representatives Feb 7 – Mar 4

  1. Feb 7Sent to the House
  2. Feb 14Referred to the House committees on State Affairs and on Accountability, Efficiency, Transparency
  3. Mar 4Died in committee in the House
All 6 actions, as published
  1. Jan 20Referred To AppropriationsSenate
  2. Jan 30Title Suff Do PassSenate
  3. Feb 6PassedSenate
  4. Feb 7Transmitted To HouseSenate
  5. Feb 14Referred To State Affairs;Accountability, Efficiency, TransparencyHouse of Representatives
  6. Mar 4Died In CommitteeHouse of Representatives