HB1509Introduced in the House
Mississippi PERS Stability Act; create.
Introduced by Richard Bennett, District 120
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Died In Committee
February 3, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Referred To State Affairs;Appropriations A
Died In Committee
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