Mississippi Senate Bill 2930 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 24 2013 - 100% progression
Action: 2013-04-24 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

An Act To Amend Chapter 953, Local And Private Laws Of 2012, To Include Capital Gains Within The Definition Of "income" For Purposes Of The Lafayette County Reserve And Trust Fund; To Make It Clear That The Board Of Supervisors Of Lafayette County Is Not Required To Appoint An Advisory Committee For The Trust Fund; To Provide That The Board Of Trustees Of The Lafayette County Reserve And Trust Fund Shall Meet At Least Once Per Year; To Make It Clear That The Meetings Of The Board Of Trustees Of The Trust Fund Are Governed By The Open Meetings Law; To Make It Clear That The That The Lafayette County Reserve And Trust Fund Is A Political Subdivision For Purposes Of The Tort Claims Law; To Authorize The Board Of Trustees Of The Trust Fund To Delegate Investment Authority To Investment Advisors; To Provide That Every Fiscal Year After The Fund Is Established The Earning Component Shall Be Considered An Amount Equal To 3% Of The Amount Of The Full Fund Balance Calculated At The End Of Each Fiscal Year, Whether Or Not The Corpus Component Has Generated Any Income In That Fiscal Year And To Provide That All Remaining Portions Of The Annual Income Earned From The Investment Of The Fund Shall Remain In The Fund As A Part Of The Corpus Component; To Provide That The Board Of Trustees May Expend From The Corpus Component Amounts Required To Pay The Amounts Required In Connection With The Management By The Trustees Of The Fund If The Earnings Component Is Insufficient To Pay The Amounts Required In Connection With The Management By The Trustees Of The Fund; To Revise The Amount Of The Trust Fund That May Be Transferred To The County For Special Projects; To Provide That There Shall Be No Distribution Of The Earnings Component If The Full Fund Balance Of The Trust Fund Falls Below An Amount Equal To The Initial Deposit To The Trust Fund; And For Related Purposes.

Lafayette County Reserve and Trust Fund; make revisions regarding the governance of the trust fund.

Sen. Gray Tollison [D]

2013-04-02 - Senate - Senate Concurred in Amend From House (Y: 52 N: 0 NV: 0 Abs: 0) [PASS]
2013-04-01 - House - House Passed As Amended (Y: 112 N: 0 NV: 7 Abs: 0) [PASS]
2013-03-29 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2013-04-24		Approved by Governor
2013-04-08	House	Enrolled Bill Signed
2013-04-05	Senate	Enrolled Bill Signed
2013-04-02	Senate	Concurred in Amend From House
2013-04-01	House	Returned For Concurrence
2013-04-01	House	Immediate Release
2013-04-01	House	Passed As Amended
2013-04-01	House	Amended
2013-03-31	House	Title Suff Do Pass As Amended
2013-03-30	House	Referred To Local and Private Legislation
2013-03-30	Senate	Transmitted To House
2013-03-29	Senate	Passed
2013-03-28	Senate	Title Suff Do Pass
2013-03-27	Senate	Referred To Local and Private

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/SB/SB2930.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2900-2999/SB2930IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2900-2999/SB2930PS.htm
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2900-2999/SB2930SG.htm
Roll Call	https://billstatus.ls.state.ms.us/2013/pdf/votes/senate/0810004.pdf
Roll Call	https://billstatus.ls.state.ms.us/2013/pdf/votes/house/0840060.pdf
Roll Call	https://billstatus.ls.state.ms.us/2013/pdf/votes/senate/0850003.pdf