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SB2912Introduced in the Senate

MS Deferred Compensation; allow Roth and other after-tax accounts.

Failed

Introduced by Daniel Sparks, District 5

What does this bill do?

Plain-English breakdown

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Official description

An Act To Amend Section 25-14-5, Mississippi Code Of 1972, To Allow The Mississippi Deferred Compensation Plan And Trust To Offer Roth Accounts And Other After-tax Contribution Vehicles; To Provide That A Participant's Roth Or Other Allowable After-tax Contribution Into A Deferred Compensation Account Shall Be Treated By The Employer As Includable In The Participant's Income At The Time The Participant Would Have Received That Amount In Compensation If The Participant Had Not Made A Deferred Election; To Amend Section 25-14-15, Mississippi Code Of 1972, To Conform; And For Related Purposes.

Where it stands

Died In Committee

March 3, 2026

How did lawmakers vote?

SenateStage: Senate Passed · February 5, 2026

52

Yes

0

No

0

Absent or Not Voting

52 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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Bill history

  1. Referred To Finance

  2. Title Suff Do Pass

  3. Passed

  4. Immediate Release

  5. Transmitted To House

  6. Referred To State Affairs;Ways and Means

  7. Died In Committee

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