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]
| 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 |
| Pending | [S] | Committee Amendment No 1 |
| Effective date | July 1, 2004 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
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.
End Of Document
2004/pdf/History/HB/HB1181.htm