Bill Text | History of Actions | Background | Title |
Description: PERS investments; allow investments in types of investments not specifically listed.
Bill Text: [Introduced]
| 1 | 01/14 (S) Referred To Finance | |
| 2 | 01/20 (S) Title Suff Do Pass | |
| 3 | 02/09 (S) Recommitted to Committee | |
| 4 | 02/09 (S) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
Principal Author: Robertson
Code Section: A 025-0011-0121
Title: AN ACT TO AMEND SECTION 25-11-121, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO INVEST NOT MORE THAN 10% OF THE TOTAL BOOK VALUE OF THE SYSTEM IN TYPES OF INVESTMENTS NOT SPECIFICALLY LISTED IN THIS SECTION IF THE INVESTMENTS ARE IN THE FORM OF A LIMITED PARTNERSHIP, COMMINGLED FUND OR SEPARATE ACCOUNT MANAGED BY A SECURITIES AND EXCHANGE COMMISSION REGISTERED INVESTMENT ADVISORY FIRM RETAINED AS AN INVESTMENT MANAGER BY THE BOARD; AND FOR RELATED PURPOSES.
End Of Document
2005/html/History/SB/SB2448.htm