SB 2004 Mississippi Senate · 2026 Regular Session

Mississippi PERS Stability Act; enact.

SB 2004, the Mississippi PERS Stability Act, transfers $500 million from Mississippi's Capital Expense Fund to the Public Employees' Retirement System (PERS) on July 1, 2026, followed by annual $50 million transfers through 2036. If insufficient funds exist in the Capital Expense Fund, the state will use General Funds to ensure the full $50 million is transferred each year. This directly stabilizes funding for Mississippi's public employees' retirement system, which serves state and local government workers. The bill requires these specific, scheduled transfers to address long-term retirement system funding needs.
Bill status died 3 of 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
Senate Passage
Jan 2026
House Passage
Governor
Introduced Jan 8, 2026 Last action Mar 3, 2026
Maddy AI version diff · 1 comparison

What changed between versions

As Introduced Current version · 2 edits
MINOR
The bill title was updated from 'As Introduced' to 'As Passed the Senate,' indicating the bill has advanced through the legislative process. The primary substantive change is the addition of a parenthetical note specifying the bill's current legislative status, which helps track its progress. No substantive policy changes, funding amounts, or eligibility criteria were altered in this version.
TECHNICAL

The bill header was updated to reflect its current legislative status as 'As Passed the Senate' rather than 'As Introduced', indicating it has moved through the Senate chamber.

A parenthetical note '(As Passed the Senate)' was added below the bill title to clarify the bill's current legislative stage.

Floor votes · Senate Jan 7, 2026

How they voted

520
Passed
Total votes 52
Jan 7, 2026
D Democratic18
18 Yea
100% Yea
R Republican34
34 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
6
Key actions
2
Committee
3
Feb 6, 2026
Committee
Referred To State Affairs;Appropriations A
lower
Jan 8, 2026
Introduced
Transmitted To House
upper
Jan 7, 2026
Upper · Passed
Passed
upper
Jan 6, 2026
Upper · Passed
Title Suff Do Pass
upper
Jan 6, 2026
Committee
Referred To Appropriations
upper
1 primary · 9 co-sponsors

Sponsors