Mississippi Legislature
2004 Regular Session

House Bill 1181

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Bill Text

History of Actions

Amendments

Background

Title

Description: PERS; revise types of investments that may be made of the board of trustees.

Bill Text: [Introduced] [Passed House]

History of Actions:

1 02/20 (H) Referred To Appropriations
2 03/04 (H) Title Suff Do Pass
3 03/11 (H) Passed
4 03/12 (H) Transmitted To Senate
5 03/17 (S) Referred To Finance
6 04/01 (S) Title Suff Do Pass As Amended
7 04/14 (S) Recommitted to Committee
8 04/14 (S) Died In Committee

Amendments:

Pending [S] Committee Amendment No 1

Background Information:

Effective dateJuly 1, 2004
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Senate Committee:

Principal Author: Brown

Code Section: A 025-0011-0121

Title: AN ACT TO AMEND SECTION 25-11-121, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FUNDS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM MAY BE DEPOSITED IN FEDERALLY INSURED INSTITUTIONS THAT MAINTAIN A FACILITY THAT TAKES DEPOSITS IN THE STATE OF MISSISSIPPI; TO DELETE THE PERCENTAGE LIMITATION ON INVESTMENTS BY THE SYSTEM IN BONDS HAVING CERTAIN RATINGS; TO INCREASE THE AMOUNT OF THE FUNDS OF THE SYSTEM THAT MAY BE INVESTED IN CERTAIN POOLED OR COMMINGLED REAL ESTATE FUNDS OR REAL ESTATE SECURITIES; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/14/04 at 11:58.

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