<?xml version="1.0" encoding="ISO-8859-1"?>
<?xml-stylesheet type="text/xsl" href="../../dtds_xslts/history.xslt"?>
 
<!DOCTYPE HISTORY SYSTEM "../../dtds_xslts/history.dtd">
 
<HISTORY>
	<YEAR>2026</YEAR>
	<SESSION>Regular Session</SESSION>
	<SHORTTITLE>MS Deferred Compensation; allow Roth and other after-tax accounts.</SHORTTITLE>
	<LONGTITLE>AN ACT TO AMEND SECTION 25-14-5, MISSISSIPPI CODE OF 1972, TO ALLOW THE MISSISSIPPI DEFERRED COMPENSATION PLAN AND TRUST TO OFFER ROTH ACCOUNTS AND OTHER AFTER-TAX CONTRIBUTION VEHICLES; TO PROVIDE THAT A PARTICIPANT'S ROTH OR OTHER ALLOWABLE AFTER-TAX CONTRIBUTION INTO A DEFERRED COMPENSATION ACCOUNT SHALL BE TREATED BY THE EMPLOYER AS INCLUDABLE IN THE PARTICIPANT'S INCOME AT THE TIME THE PARTICIPANT WOULD HAVE RECEIVED THAT AMOUNT IN COMPENSATION IF THE PARTICIPANT HAD NOT MADE A DEFERRED ELECTION; TO AMEND SECTION 25-14-15, MISSISSIPPI CODE OF 1972, TO CONFORM; AND FOR RELATED PURPOSES.</LONGTITLE>
	<DATETIMELASTCHG>03/03/26 at 19:00</DATETIMELASTCHG>
 
	<MEASURE>
		<MSR_HS>S</MSR_HS>
		<MSR_TYPE>B</MSR_TYPE>
		<MSR_NUM>2912</MSR_NUM>
		<FORMAT_MSRID>Senate Bill 2912</FORMAT_MSRID>
		<SHORT_MSRID>SB 2912</SHORT_MSRID>
		<OWNER>S</OWNER>
	</MEASURE>
 
	<BACKGROUND>
		<DISPOSITION>Dead</DISPOSITION>
		<DEADLINE>General Bill/Constitutional Amendment</DEADLINE>
		<REVENUE>No</REVENUE>
		<VOTETYPE>Majority</VOTETYPE>
		<EFFECTIVEDATE>July 1, 2026</EFFECTIVEDATE>
	</BACKGROUND>
	<COMMITTEES>
		<HOUSE>
			<H_NAME>State Affairs</H_NAME>
			<H_INCMTE>T</H_INCMTE>
			<H_LINK>../../House_cmtes/SA.xml</H_LINK>
		</HOUSE>
		<HOUSE>
			<H_NAME>Ways and Means</H_NAME>
			<H_INCMTE>F</H_INCMTE>
			<H_LINK>../../House_cmtes/WM.xml</H_LINK>
		</HOUSE>
		<SENATE>
			<S_NAME>Finance</S_NAME>
			<S_INCMTE>F</S_INCMTE>
			<S_LINK>../../Senate_cmtes/FI.xml</S_LINK>
		</SENATE>
	</COMMITTEES>
	<AUTHORS>
		<PRINCIPAL>
			<P_NAME>Sparks</P_NAME>
			<P_LINK>../../Senate_authors/Sparks.xml</P_LINK>
		</PRINCIPAL>
		<ADDITIONAL>
			<CO_NAME>Blount</CO_NAME>
			<CO_LINK>../../Senate_authors/Blount.xml</CO_LINK>
	</ADDITIONAL>
	</AUTHORS>
	<CODESECTIONS>
		<AFFECT>A</AFFECT>
		<SECTION>025-0014-0005</SECTION>
		<SECTIONLINK>../../code_sections/025/00140005.xml</SECTIONLINK>
	</CODESECTIONS>
	<CODESECTIONS>
		<AFFECT>A</AFFECT>
		<SECTION>025-0014-0015</SECTION>
		<SECTIONLINK>../../code_sections/025/00140015.xml</SECTIONLINK>
	</CODESECTIONS>
	<ACTION>
		<ACT_NUMBER> 1</ACT_NUMBER>
		<ACT_DESC>01/19 (S) Referred To Finance</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 2</ACT_NUMBER>
		<ACT_DESC>01/29 (S) Title Suff Do Pass</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 3</ACT_NUMBER>
		<ACT_DESC>02/05 (S) Passed</ACT_DESC>
		<ACT_VOTE>../../../../2026/pdf/votes/senate/0310008.pdf</ACT_VOTE>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 4</ACT_NUMBER>
		<ACT_DESC>02/05 (S) Immediate Release</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 5</ACT_NUMBER>
		<ACT_DESC>02/06 (S) Transmitted To House</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 6</ACT_NUMBER>
		<ACT_DESC>02/06 (H) Referred To State Affairs;Ways and Means</ACT_DESC>
	</ACTION>
	<ACTION>
		<ACT_NUMBER> 7</ACT_NUMBER>
		<ACT_DESC>03/03 (H) Died In Committee</ACT_DESC>
	</ACTION>
	<DOCUMENTS>
		<CURRENT>
			<CURRENT_PDF>../../../../documents/2026/pdf/SB/2900-2999/SB2912PS.pdf</CURRENT_PDF>
			<CURRENT_OTHER>../../../../documents/2026/html/SB/2900-2999/SB2912PS.htm</CURRENT_OTHER>
		</CURRENT>
		<INTRO>
			<INTRO_PDF>../../../../documents/2026/pdf/SB/2900-2999/SB2912IN.pdf</INTRO_PDF>
			<INTRO_OTHER>../../../../documents/2026/html/SB/2900-2999/SB2912IN.htm</INTRO_OTHER>
		</INTRO>
		<PASSED>
			<PASSED_PDF>../../../../documents/2026/pdf/SB/2900-2999/SB2912PS.pdf</PASSED_PDF>
			<PASSED_OTHER>../../../../documents/2026/html/SB/2900-2999/SB2912PS.htm</PASSED_OTHER>
		</PASSED>
		<FISCALNOTE>
			<FISCALNOTEFLAG>N</FISCALNOTEFLAG>
			<FISCALNOTEPATH>../../../../documents/2026/pdf/fiscalnotes/SB2912.pdf</FISCALNOTEPATH>
		</FISCALNOTE>
	</DOCUMENTS>
</HISTORY>
