MS HB1725 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 23 2013 - 100% progression
Action: 2013-04-23 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Amend Chapter 938, Local And Private Laws Of 2011, As Amended By Chapter 942, Local And Private Laws Of 2012, To Provide That Nongovernmental Trustee Members Of The City Of Oxford Municipal Reserve And Trust Fund Shall No Longer Receive Per Diem; To Provide That The Trustees Of The Fund Shall Manage Income Of The Fund Rather Than Interest Income; To Define The Earnings Component As 3% Every Fiscal Year Rather Than Just The First Three Fiscal Years; To Provide That Such Earnings Component Shall Be Equal To 3% Of The Amount Of The Full Fund Balance Whether Or Not The Corpus Component Has Generated Any Income That Fiscal Year; To Provide That All Remaining Portions Of The Annual Income Earned From The Investment Of The Fund Shall Remain In The Fund As Part Of The Corpus Component; And For Related Purposes.

Tracking Information

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Title

City of Oxford; make certain revisions to the management of Municipal Reserve and Trust Fund.

Sponsors


Roll Calls

2013-04-03 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2013-04-01 - House - House Passed (Y: 114 N: 0 NV: 5 Abs: 0) [PASS]

History

DateChamberAction
2013-04-23 Approved by Governor
2013-04-09HouseEnrolled Bill Signed
2013-04-09SenateEnrolled Bill Signed
2013-04-04SenateTransmitted To House
2013-04-03SenatePassed
2013-04-02SenateTitle Suff Do Pass
2013-04-02SenateReferred To Local and Private
2013-04-02HouseTransmitted To Senate
2013-04-01HouseImmediate Release
2013-04-01HousePassed
2013-04-01HouseCommittee Substitute Adopted
2013-03-31HouseTitle Suff Do Pass Comm Sub
2013-03-27HouseReferred To Local and Private Legislation

Mississippi State Sources


Bill Comments

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