MS SB2766 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 14 2013 - 100% progression
Action: 2013-02-14 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]

Summary

An Act To Amend Section 37-155-9, Mississippi Code Of 1972, To Clarify Language Consistent With The Current Investment Environment And To Authorize The Board Of Directors Of The Mississippi Prepaid Affordable College Tuition Program To Take Advantage Of Additional Investment Options; To Bring Forward Section 37-155-1, Mississippi Code Of 1972, Which Establishes The Mississippi Prepaid Affordable College Tuition (mpact) Program; To Bring Forward Section 37-155-3, Mississippi Code Of 1972, Which Provides The Legislature's Intent In Establishing The Mpact Program; To Bring Forward Section 37-155-5, Mississippi Code Of 1972, Which Defines Certain Words And Phrases Related To The Mpact Program; To Bring Forward Section 37-155-7, Mississippi Code Of 1972, Which Establishes The Mpact Program Board Of Directors;to Bring Forward Section 37-155-11, Mississippi Code Of 1972, Which Provides For The Types Of Plans Available Under The Mpact Program; To Bring Forward Section 37-155-13, Mississippi Code Of 1972, Which Authorizes Prepaid Housing Fees; To Bring Forward Section 37-155-15, Mississippi Code Of 1972, Which Provides For The Mpact Program Trust Fund; To Bring Forward Section 37-155-17, Mississippi Code Of 1972, Which Provides A Deduction For Payments Made Under A Prepaid Tuition Contract; To Bring Forward Sections 37-155-19 And 37-155-21, Mississippi Code Of 1972, Which Provide Additional Duties And Responsibilities Of The Mpact Program Board; To Bring Forward Section 37-155-23, Mississippi Code Of 1972, To Explain Guarantees Not Available Under The Mpact Program; To Bring Forward Section 37-155-25, Mississippi Code Of 1972, Which Authorizes The State Of Mississippi To Meet The Board's Obligations To Beneficiaries If Monies In The Fund Fail To Meet Such Obligations; To Bring Forward Section 37-155-27, Mississippi Code Of 1972, Which Provides A Severability Provision; And For Related Purposes.

Tracking Information

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Title

MS Prepaid Affordable College Tuition Program; update available investment options.

Sponsors


History

DateChamberAction
2013-02-14SenateDied On Calendar
2013-02-05SenateTitle Suff Do Pass Comm Sub
2013-01-21SenateReferred To Universities and Colleges

Mississippi State Sources


Bill Comments

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