MS SB2002 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: Failed on March 1 2022 - 100% progression
Action: 2022-03-01 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Slight Partisan Bill (Democrat 7-4)
Status: Failed on March 1 2022 - 100% progression
Action: 2022-03-01 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act Entitled The "mississippi Grain Producer Indemnity Act"; To Provide Indemnification For Grain Producers In Mississippi Against The Financial Failure Of Grain Dealers And Warehouses In Order To Improve The Economic Stability Of Agriculture; To Provide Definitions; To Establish The Mississippi Grain Indemnity Fund Board To Administer The Mississippi Grain Indemnity Fund And To Provide For Its Membership, Powers And Duties; To Establish The Mississippi Grain Indemnity Fund In The State Treasure And To Authorize Assessments Against Grain Producers To Fund The Program; To Provide For A Minimum Balance In The Fund And For The Suspension Of Assessments Under Certain Conditions; To Provide For Reinsurance For The Payment Of Claims; To Prescribe The Duties Of The Mississippi Grain Indemnity Fund Board And The Mississippi Department Of Insurance To Administer The Provisions Of This Act; To Provide For The Compensation Of Claimants Who Have Incurred A Financial Loss Due To A Failure Of A Grain Dealer Or Warehouseman; To Provide Application And Payment Procedures; To Provide For Subrogation Of Claims On Behalf Of The Fund; To Amend Sections 75-44-29 And 75-45-305, Mississippi Code Of 1972, To Provide That Grain Warehouseman's Surety Bond And Grain Dealer's Surety Bond Under Applicable Licensure Law Shall Be Payable To The Mississippi Grain Indemnity Fund Created Under This Act; And For Related Purposes.
Title
"Mississippi Grain Producer Indemnity Act"; enact.
Sponsors
Roll Calls
2022-02-08 - Senate - Senate Passed (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2022-03-01 | House | Died In Committee |
2022-02-24 | House | Referred To Agriculture |
2022-02-09 | Senate | Transmitted To House |
2022-02-08 | Senate | Passed |
2022-01-27 | Senate | Title Suff Do Pass |
2022-01-06 | Senate | Referred To Agriculture |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
75 | 44 | 29 | Amended Code | See Bill Text |
75 | 45 | 305 | Amended Code | See Bill Text |