From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
An act to enact the mississippi pers stability act; To direct the transfer of $500,000,000.00 from the capital expense fund to the employers' accumulation account of the public employees' retirement system created in section 25-11-123(C) on july 1, 2026; To direct the annual transfer of $50,000,000.00 from the capital expense fund to the employers' accumulation account of the public employees' retirement system created in section 25-11-123(C) from july 1, 2027, and on every july 1 thereafter through and including july 1, 2036; To provide for general funds to be used in the event that unobligated funds are not available in the capital expense fund; And for related purposes.