l9n/ Mississippi

2026 Regular Session

Senate Bill 2885

Mississippi Work and Save Program; create.

Did not become law. It stopped in the House of Representatives's State Affairs Committee on March 3, 2026.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE MISSISSIPPI WORK AND SAVE PROGRAM, WHICH IS A RETIREMENT SAVINGS PROGRAM SPONSORED BY THE STATE FOR CERTAIN EMPLOYERS WHO DO NOT ALREADY OFFER A RETIREMENT PLAN THAT WILL ALLOW THOSE EMPLOYERS TO OFFER ELIGIBLE EMPLOYEES THE VOLUNTARY CHOICE TO CONTRIBUTE TO AN INDIVIDUAL RETIREMENT ACCOUNT (IRA) THROUGH A PAYROLL DEDUCTION; TO PROVIDE THE POWERS, AUTHORITY AND DUTIES OF THE STATE TREASURER; TO PRESCRIBE THE REQUIREMENTS FOR THE PROGRAM; TO PROVIDE THAT THE IRA TO WHICH CONTRIBUTIONS ARE MADE WILL BE A ROTH IRA AND THE STANDARD PACKAGE WILL BE A ROTH IRA WITH A TARGET DATE FUND INVESTMENT AND A SPECIFIED CONTRIBUTION PERCENTAGE; TO PROVIDE CERTAIN PROTECTION FROM LIABILITY FOR EMPLOYERS IN THE PROGRAM AND FOR THE STATE; TO PROVIDE FOR THE CONFIDENTIALITY OF PARTICIPANT AND ACCOUNT INFORMATION; TO CREATE THE MISSISSIPPI WORK AND SAVE ADMINISTRATIVE FUND AS A SPECIAL FUND IN THE STATE TREASURY; TO PROVIDE THAT MONIES IN THE FUND SHALL BE EXPENDED UPON APPROPRIATION OF THE LEGISLATURE, FOR THE PURPOSES AUTHORIZED IN 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

Sarita Simmons

Its course

January 19 to March 3, 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 action6 actions on 6 days

In the SenateJan 19 to Feb 416 days

FinanceJan 19 to Feb 315 days

In the House of RepresentativesFeb 4 to Mar 3 · stopped27 days

State AffairsFeb 6 to Mar 3 · stopped25 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 19 – Feb 4

  1. Jan 19Referred to the Senate committee on Finance
  2. Feb 3Reported from committee in the Senate: title sufficient, do pass
  3. Feb 4Passed the Senate

In the House of Representatives Feb 5 – Mar 3

  1. Feb 5Sent to the House
  2. Feb 6Referred to the House committees on State Affairs and on Accountability, Efficiency, Transparency
  3. Mar 3Died in committee in the House
All 6 actions, as published
  1. Jan 19Referred To FinanceSenate
  2. Feb 3Title Suff Do PassSenate
  3. Feb 4PassedSenate
  4. Feb 5Transmitted To HouseSenate
  5. Feb 6Referred To State Affairs;Accountability, Efficiency, TransparencyHouse of Representatives
  6. Mar 3Died In CommitteeHouse of Representatives