History of Actions | Background | Title |
Description: Endowment funds for state colleges and universities; authorize State Treasurer to act as custodian.
| 1 | 01/05/99 | (H) | Referred To Universities and Colleges | |
| 2 | 02/02/99 | (H) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Scott (80th)
Code Sections: A 007-0009-0023, A 007-0007-0001
Title: AN ACT TO AMEND SECTIONS 7-9-23 AND 7-7-1, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF TRUSTEES OF ANY COMMUNITY/JUNIOR COLLEGE DISTRICT AND THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO DESIGNATE THE STATE TREASURER AS THE CUSTODIAN OF ANY ENDOWMENT FUNDS GIVEN FOR THE BENEFIT OF ANY COLLEGE OR UNIVERSITY UNDER ITS JURISDICTION, AND TO AUTHORIZE AND DIRECT THE STATE TREASURER TO ACCOUNT FOR AND INVEST SUCH FUNDS IN THE MANNER PROVIDED BY LAW FOR OTHER STATE GENERAL AND SPECIAL FUNDS; AND FOR RELATED PURPOSES.
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1999\html\History/HB\HB0077.htm