State Treasury; close those funds having no transactional activity other than interest from pooled investments.

HB 1650 requires Mississippi's State Treasurer to annually review public funds receiving interest from pooled investments to identify accounts with no activity beyond interest receipts. If found inactive (excluding funds legally authorized to retain interest), the Treasurer may block future interest allocations and direct the closure or consolidation of those funds. The bill directly affects dormant state funds, accounts, or trusts held within the state treasury that generate interest but aren't used for government operations. It also mandates state agencies to review their funds and report to the Treasurer, who must then share compiled data with legislative offices. The policy aims to streamline inactive state financial accounts without creating new programs or altering investment rules.