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MS SB2107

Bill

Official Source

Status

Failed

2/5/2013

Primary Sponsor

Dean Kirby

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Board of Trustees of the Public Employees' Retirement System must conduct a study on investing excess funds (beyond required cash working balance) in income-producing property
  • Study shall include investigation of purchasing or constructing buildings to lease to state agencies
  • Board must file study results and any suggested related legislation with the Secretary of the Senate and Clerk of the House by December 31, 2013
  • Act takes effect upon passage

Legislative Description

PERS; require trustees to conduct a study to determine the advisability of investing excess funds in income-producing property.

Last Action

Died In Committee

2/5/2013

Committee Referrals

Finance1/14/2013

Full Bill Text

No bill text available