Mississippi Legislature
2004 Regular Session

Senate Bill 2677

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Bill Text

History of Actions

Background

Title

Description: Deferred compensation plan; state and political subdivision may make contributions on behalf of members.

Bill Text: [Introduced] [Passed Senate]

History of Actions:

1 02/19 (S) Referred To Finance
2 03/02 (S) Title Suff Do Pass
3 03/10 (S) Passed
4 03/11 (S) Transmitted To House
5 03/12 (H) Referred To Appropriations
6 04/06 (H) Died In Committee

Background Information:

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

Senate Committee:

House Committee:

Principal Author: Thames

Code Sections: A 025-0014-0005, A 025-0014-0007

Title: AN ACT TO AMEND SECTION 25-14-5, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE STATE AND ITS POLITICAL SUBDIVISIONS TO MAKE CONTRIBUTIONS TO THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM'S DEFERRED COMPENSATION PLAN ON BEHALF OF PARTICIPATING MEMBERS; TO AMEND SECTION 25-14-7, MISSISSIPPI CODE OF 1972, TO MAKE IT CLEAR THAT THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM'S DEFERRED COMPENSATION PROGRAM SHALL BE OPERATED IN ACCORDANCE WITH THE GUIDELINES ESTABLISHED BY THE INTERNAL REVENUE SERVICE AS REFLECTED IN THE PLAN DOCUMENT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/06/04 at 18:02.

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