Bill Text | History of Actions | Amendments | Background | Title |
Description: Retirement; authorize employers to make contributions on behalf of employees to the PERS Deferred Compensation Plan.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]
| 1 | 01/03 (S) Referred To Finance | |
| 2 | 01/30 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/01 (S) Committee Substitute Adopted | |
| 4 | 02/01 (S) Passed {Vote} | |
| 5 | 02/02 (S) Transmitted To House | |
| 6 | 02/07 (H) Referred To Appropriations | |
| 7 | 02/27 (H) Title Suff Do Pass As Amended | |
| 8 | 02/28 (H) Amended | |
| 9 | 02/28 (H) Passed As Amended {Vote} | |
| 10 | 03/01 (H) Returned For Concurrence | |
| 11 | 03/15 (S) Concurred in Amend From House {Vote} | |
| 12 | 03/21 (S) Enrolled Bill Signed | |
| 13 | 03/24 (H) Enrolled Bill Signed | |
| 14 | 03/30 Approved by Governor |
| Adopted | [H] | Committee Amendment No 1 Voice Vote |
| [H] | Amendment Report for Senate Bill No. 2214 |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths | |
| Chapter number | 505 |
Senate Committee:
House Committee:
Principal Author: Robertson
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 POLITICAL SUBDIVISIONS OF THE STATE TO MAKE CONTRIBUTIONS TO THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM'S DEFERRED COMPENSATION PLAN ON BEHALF OF ACTIVELY PARTICIPATING MEMBERS UNDER CERTAIN CIRCUMSTANCES; TO AUTHORIZE FUNDS IN THE DEFERRED COMPENSATION PLAN TO BE USED TO PURCHASE FIXED OR VARIABLE LIFE INSURANCE OR ANNUITY CONTRACTS IF THE CONTRACTS ARE AUTHORIZED FOR PURCHASE BY THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM FROM A BUSINESS AUTHORIZED BY THE SYSTEM TO OFFER THEIR PRODUCTS IN THE PLAN; 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.
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2007/html/History/SB/SB2214.htm