l9n/ Mississippi

2026 Regular Session

House Bill 1650

State Treasury; close those funds having no transactional activity other than interest from pooled investments.

Became law as Chapter 381, Laws of 2026, signed March 17, 2026, 57 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-105-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERMS "POOLED INVESTMENT VEHICLE," "STATE AGENCY" AND "STATE FISCAL OFFICER"; TO CREATE NEW SECTION 27-105-32, MISSISSIPPI CODE OF 1972, TO REQUIRE THE STATE TREASURER TO ANNUALLY REVIEW EACH PUBLIC FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST ALLOCATION FROM A POOLED INVESTMENT VEHICLE TO DETERMINE IF THE FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST HAD NO TRANSACTIONAL ACTIVITY, OTHER THAN THE RECEIPT OF INTEREST WITHIN THE PRIOR FISCAL YEAR; TO AUTHORIZE THE STATE TREASURER TO PRECLUDE CERTAIN FUNDS, ACCOUNTS OR TRUSTS FROM RECEIVED INTEREST; TO DIRECT CERTAIN FUNDS TO BE CLOSED OR CONSOLIDATED WITHIN THE STATE TREASURY; TO AMEND SECTION 27-105-33, MISSISSIPPI CODE OF 1972, TO AUTHORIZE AN EXCEPTION TO THE INVESTMENT REQUIREMENTS OF THIS CHAPTER UPON A DEMONSTRATION OF SUFFICIENT JUSTIFICATION; TO CREATE NEW SECTION 27-105-34, MISSISSIPPI CODE OF 1972, TO REQUIRE EACH STATE AGENCY TO REVIEW ITS FUNDS, ACCOUNTS AND TRUSTS WITHIN AND OUTSIDE OF THE STATE TREASURY AND REPORT CERTAIN INFORMATION TO THE TREASURER; TO REQUIRE THE TREASURER TO REPORT CERTAIN COMPILED INFORMATION TO THE LEGISLATIVE BUDGET OFFICE AND THE SENATE AND HOUSE LEGISLATIVE SERVICES OFFICE; TO AMEND SECTION 27-105-1, 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 House of Representatives

1 co-sponsor

Angela Cockerham

Its course

January 19 to March 17, 2026, 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 RepresentativesJan 19 to Feb 517 days

Appropriations AJan 19 to Jan 2910 days

In the SenateFeb 5 to Mar 528 days

AppropriationsFeb 13 to Mar 318 days

With the GovernorMar 5 to Mar 1712 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 Jan 19 – Feb 5

  1. Jan 19Referred to the House committee on Appropriations A
  2. Jan 29Reported from committee in the House: title sufficient, do pass
  3. Feb 5Passed the House

In the Senate Feb 6 – Mar 5

  1. Feb 6Sent to the Senate
  2. Feb 13Referred to the Senate committee on Appropriations
  3. Mar 3Reported from committee in the Senate: title sufficient, do pass
  4. Mar 5Passed the Senate

To the Governor Mar 9 – Mar 17

  1. Mar 9Returned to the House for enrolling
  2. Mar 10Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Mar 17Approved by the Governor
All 11 actions, as published
  1. Jan 19Referred To Appropriations AHouse of Representatives
  2. Jan 29Title Suff Do PassHouse of Representatives
  3. Feb 5PassedHouse of Representatives
  4. Feb 6Transmitted To SenateHouse of Representatives
  5. Feb 13Referred To AppropriationsSenate
  6. Mar 3Title Suff Do PassSenate
  7. Mar 5PassedSenate
  8. Mar 9Returned For EnrollingSenate
  9. Mar 10Enrolled Bill SignedHouse of Representatives
  10. Mar 10Enrolled Bill SignedSenate
  11. Mar 17Approved by GovernorGovernor