Bill Text | History of Actions | Background | Title |
Description: Public utilities; customer deposits shall earn interest equal to the prime rate.
Bill Text: [Introduced]
1 | 01/20 (S) Referred To Public Utilities | |
2 | 02/04 (S) Died In Committee |
Effective date | Passage | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
Senate Committee:
Principal Author: Robertson
Code Section: A 077-0003-0033
Title: AN ACT TO AMEND SECTION 77-3-33, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CASH DEPOSITS MADE BY CUSTOMERS WHICH ARE HELD BY ANY PUBLIC UTILITY FOR ONE YEAR OR MORE SHALL EARN INTEREST AT A RATE EQUAL TO THE PRIME RATE, AS PUBLISHED BY THE WALL STREET JOURNAL; AND FOR RELATED PURPOSES.
End Of Document
2003/html/History/SB/SB2643.htm