HB 1650 — State Treasury; close those funds having no transactional activity other than interest from pooled investments.
Last action — 03/17 Approved by Governor
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 19, 2026. Enacted.
Signed by Governor Tate Reeves (Republican) on March 10, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
AN ACT TO AMEND SECTION 27-105-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERMS "POOLED INVESTMENT VEHICLE," "STATE AGENCY" AND "STATE FISCAL OFFICER"; TO CREATE NEW SECTION 27-105-32, MISSISSIPPI CODE OF 1972, TO REQUIRE THE STATE TREASURER TO ANNUALLY REVIEW EACH PUBLIC FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST ALLOCATION FROM A POOLED INVESTMENT VEHICLE TO DETERMINE IF THE FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST HAD NO TRANSACTIONAL ACTIVITY, OTHER THAN THE RECEIPT OF INTEREST WITHIN THE PRIOR FISCAL YEAR; TO AUTHORIZE THE STATE TREASURER TO PRECLUDE CERTAIN FUNDS, ACCOUNTS OR TRUSTS FROM RECEIVED INTEREST; TO DIRECT CERTAIN FUNDS TO BE CLOSED OR CONSOLIDATED WITHIN THE STATE TREASURY; TO AMEND SECTION 27-105-33, MISSISSIPPI CODE OF 1972, TO AUTHORIZE AN EXCEPTION TO THE INVESTMENT REQUIREMENTS OF THIS CHAPTER UPON A DEMONSTRATION OF SUFFICIENT JUSTIFICATION; TO CREATE NEW SECTION 27-105-34, MISSISSIPPI CODE OF 1972, TO REQUIRE EACH STATE AGENCY TO REVIEW ITS FUNDS, ACCOUNTS AND TRUSTS WITHIN AND OUTSIDE OF THE STATE TREASURY AND REPORT CERTAIN INFORMATION TO THE TREASURER; TO REQUIRE THE TREASURER TO REPORT CERTAIN COMPILED INFORMATION TO THE LEGISLATIVE BUDGET OFFICE AND THE SENATE AND HOUSE LEGISLATIVE SERVICES OFFICE; TO AMEND SECTION 27-105-1, MISSISSIPPI CODE OF 1972, TO CONFORM; AND FOR RELATED PURPOSES.
Bill Text
- Text View text Current pdf
Action History
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03/17 Approved by Governor
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03/10 (S) Enrolled Bill Signed
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03/10 (H) Enrolled Bill Signed
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03/09 (S) Returned For Enrolling
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03/05 (S) Passed
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03/03 (S) Title Suff Do Pass
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02/13 (S) Referred To Appropriations
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02/06 (H) Transmitted To Senate
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02/05 (H) Passed
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01/29 (H) Title Suff Do Pass
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01/19 (H) Referred To Appropriations A
Sponsors
- John Read · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 174 not signed on
Sponsors (1)
- John Read Republican
Co-sponsors (0)
None.
Not signed on (174)
174 members have not signed on to this bill.
Show all 174 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 14 | 0 | 0 | 0 |
| Republican | 27 | 0 | 0 | 0 |
| Democrat | 11 | 0 | 0 | 0 |
| Total | 52 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (52)
| Member | Party | Vote |
|---|---|---|
| Barnett | — | Yea |
| Blackmon | — | Yea |
| Blackwell | — | Yea |
| Boyd | — | Yea |
| Gillespie Isom | — | Yea |
| Jackson | — | Yea |
| Johnson | — | Yea |
| Ladner | — | Yea |
| Simmons D. T. (12th) | — | Yea |
| Simmons S. (13th) | — | Yea |
| Taylor | — | Yea |
| Thompson | — | Yea |
| Turner-Ford | — | Yea |
| Williams | — | Yea |
| Albert Butler | Democrat | Yea |
| David Blount | Democrat | Yea |
| Gary Brumfield | Democrat | Yea |
| Hillman Terome Frazier | Democrat | Yea |
| Hob Bryan | Democrat | Yea |
| Johnny DuPree | Democrat | Yea |
| Joseph Thomas | Democrat | Yea |
| Justin Pope | Democrat | Yea |
| Kamesha Mumford | Democrat | Yea |
| Rod Hickman | Democrat | Yea |
| Sollie B. Norwood | Democrat | Yea |
| Andy Berry | Republican | Yea |
| Angela Burks Hill | Republican | Yea |
| Benjamin Suber | Republican | Yea |
| Brian Rhodes | Republican | Yea |
| Brice Wiggins | Republican | Yea |
| Briggs Hopson | Republican | Yea |
| Chad McMahan | Republican | Yea |
| Chuck Younger | Republican | Yea |
| Daniel H. Sparks | Republican | Yea |
| Dean Kirby | Republican | Yea |
| Dennis DeBar, Jr. | Republican | Yea |
| Don Hartness | Republican | Yea |
| J. Walter Michel | Republican | Yea |
| Jason Barrett | Republican | Yea |
| Jeff Tate | Republican | Yea |
| Jeremy England | Republican | Yea |
| Joel R. Carter, Jr. | Republican | Yea |
| Joey Fillingane | Republican | Yea |
| Joseph M. Seymour | Republican | Yea |
| Josh Harkins | Republican | Yea |
| Kathy L. Chism | Republican | Yea |
| Lydia Graves Chassaniol | Republican | Yea |
| Michael McLendon | Republican | Yea |
| Neil S. Whaley | Republican | Yea |
| Rita Potts Parks | Republican | Yea |
| Scott DeLano | Republican | Yea |
| Tyler McCaughn | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 66 | 0 | 0 | 1 |
| Unaffiliated | 26 | 0 | 0 | 0 |
| Democrat | 23 | 0 | 0 | 5 |
| Independent | 2 | 0 | 0 | 0 |
| Total | 117 | 0 | 0 | 6 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (123)
| Member | Party | Vote |
|---|---|---|
| Anderson (110th) | — | Yea |
| Anderson (122nd) | — | Yea |
| Bailey (23rd) | — | Yea |
| Bailey (49th) | — | Yea |
| Barnett | — | Yea |
| Bell (21st) | — | Yea |
| Bell (65th) | — | Yea |
| Blackmon | — | Yea |
| Blackwell | — | Yea |
| Boyd (19th) | — | Yea |
| Boyd (37th) | — | Yea |
| Washington | — | Yea |
| Ford (54th) | — | Yea |
| Ford (73rd) | — | Yea |
| Gibbs (36th) | — | Yea |
| Gibbs (72nd) | — | Yea |
| Holloway (27th) | — | Yea |
| Holloway (76th) | — | Yea |
| Jackson (11th) | — | Yea |
| Jackson (45th) | — | Yea |
| Johnson | — | Yea |
| Ladner | — | Yea |
| Taylor | — | Yea |
| Thompson | — | Yea |
| Williams | — | Yea |
| Mr. Speaker | — | Yea |
| Albert Butler | Democrat | Yea |
| Bo Brown | Democrat | Not Voting |
| Bob Evans | Democrat | Not Voting |
| Bryant W. Clark | Democrat | Yea |
| Carl Mickens | Democrat | Yea |
| Cedric Burnett | Democrat | Yea |
| Daryl Porter | Democrat | Yea |
| Earle S. Banks | Democrat | Yea |
| Fabian Nelson | Democrat | Yea |
| Gregory Elliott | Democrat | Yea |
| Hester Jackson McCray | Democrat | Yea |
| Jeffery Harness | Democrat | Yea |
| Jeffrey Hulum III | Democrat | Yea |
| John G. Faulkner | Democrat | Not Voting |
| John W. Hines, Sr. | Democrat | Not Voting |
| Justin Crosby | Democrat | Yea |
| Kabir Karriem | Democrat | Yea |
| Omeria Scott | Democrat | Yea |
| Oscar Denton | Democrat | Yea |
| Otis Anthony | Democrat | Yea |
| Percy W. Watson | Democrat | Yea |
| Robert L. Sanders | Democrat | Yea |
| Ronnie C. Crudup | Democrat | Yea |
| Solomon C. Osborne | Democrat | Yea |
| Stephanie Foster | Democrat | Yea |
| Timaka James-Jones | Democrat | Yea |
| Tracey T. Rosebud | Democrat | Yea |
| Zakiya Summers | Democrat | Not Voting |
| Angela Cockerham | Independent | Yea |
| Shanda Yates | Independent | Yea |
| Becky Currie | Republican | Yea |
| Beth Luther Waldo | Republican | Yea |
| Bill Kinkade | Republican | Yea |
| Bill Pigott | Republican | Yea |
| Billy Adam Calvert | Republican | Yea |
| Brad Mattox | Republican | Yea |
| Brent Powell | Republican | Yea |
| C. Scott Bounds | Republican | Yea |
| Carolyn Crawford | Republican | Yea |
| Casey Eure | Republican | Yea |
| Celeste Hurst | Republican | Yea |
| Clay Deweese | Republican | Yea |
| Clay Mansell | Republican | Yea |
| Dan Eubanks | Republican | Yea |
| Dana McLean | Republican | Yea |
| Donnie Scoggin | Republican | Yea |
| Elliot Burch | Republican | Yea |
| Fred Shanks | Republican | Yea |
| Gene Newman | Republican | Yea |
| Greg Haney | Republican | Yea |
| Henry Zuber III | Republican | Yea |
| Jansen Owen | Republican | Yea |
| Jay McKnight | Republican | Yea |
| Jeff Hale | Republican | Yea |
| Jeffrey S. Guice | Republican | Yea |
| Jerry R. Turner | Republican | Yea |
| Jim Estrada | Republican | Yea |
| Jimmy Fondren | Republican | Yea |
| Jody Steverson | Republican | Yea |
| Joey Hood | Republican | Yea |
| John Read | Republican | Yea |
| John Thomas "Trey" Lamar, III | Republican | Yea |
| Jonathan McMillan | Republican | Yea |
| Joseph Tubb | Republican | Yea |
| Josh Hawkins | Republican | Yea |
| Justin Keen | Republican | Yea |
| Karl Oliver | Republican | Yea |
| Ken Morgan | Republican | Yea |
| Kent McCarty | Republican | Yea |
| Kevin Felsher | Republican | Yea |
| Kevin Horan | Republican | Yea |
| Kimberly Remak | Republican | Yea |
| Lance Varner | Republican | Yea |
| Larry Byrd | Republican | Yea |
| Lee Yancey | Republican | Yea |
| Lester Carpenter | Republican | Yea |
| Manly Barton | Republican | Yea |
| Mark Tullos | Republican | Yea |
| Missy McGee | Republican | Yea |
| Noah Sanford | Republican | Not Voting |
| Price Wallace | Republican | Yea |
| Randy Rushing | Republican | Yea |
| Richard Bennett | Republican | Yea |
| Rob Roberson | Republican | Yea |
| Rodney Hall | Republican | Yea |
| Sam C. Mims, V | Republican | Yea |
| Sam Creekmore IV | Republican | Yea |
| Shane Aguirre | Republican | Yea |
| Stacey Hobgood-Wilkes | Republican | Yea |
| Stephen A. Horne | Republican | Yea |
| Steve Lott | Republican | Yea |
| Steve Massengill | Republican | Yea |
| Troy Smith | Republican | Yea |
| Vince Mangold | Republican | Yea |
| W.I. "Doc" Harris | Republican | Yea |
| William Tracy Arnold | Republican | Yea |
| Zachary Grady | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 1650 do?
- AN ACT TO AMEND SECTION 27-105-3, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERMS "POOLED INVESTMENT VEHICLE," "STATE AGENCY" AND "STATE FISCAL OFFICER"; TO CREATE NEW SECTION 27-105-32, MISSISSIPPI CODE OF 1972, TO REQUIRE THE STATE TREASURER TO ANNUALLY REVIEW EACH PUBLIC FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST ALLOCATION FROM A POOLED INVESTMENT VEHICLE TO DETERMINE IF THE FUND, ACCOUNT OR TRUST THAT RECEIVES INTEREST HAD NO TRANSACTIONAL ACTIVITY, OTHER THAN THE RECEIPT OF INTEREST WITHIN THE PRIOR FISCAL YEAR; TO AUTHORIZE THE STATE TREASURER TO PRECLUDE CERTAIN FUNDS, ACCOUNTS OR TRUSTS FROM RECEIVED INTEREST; TO DIRECT CERTAIN FUNDS TO BE CLOSED OR CONSOLIDATED WITHIN THE STATE TREASURY; TO AMEND SECTION 27-105-33, MISSISSIPPI CODE OF 1972, TO AUTHORIZE AN EXCEPTION TO THE INVESTMENT REQUIREMENTS OF THIS CHAPTER UPON A DEMONSTRATION OF SUFFICIENT JUSTIFICATION; TO CREATE NEW SECTION 27-105-34, MISSISSIPPI CODE OF 1972, TO REQUIRE EACH STATE AGENCY TO REVIEW ITS FUNDS, ACCOUNTS AND TRUSTS WITHIN AND OUTSIDE OF THE STATE TREASURY AND REPORT CERTAIN INFORMATION TO THE TREASURER; TO REQUIRE THE TREASURER TO REPORT CERTAIN COMPILED INFORMATION TO THE LEGISLATIVE BUDGET OFFICE AND THE SENATE AND HOUSE LEGISLATIVE SERVICES OFFICE; TO AMEND SECTION 27-105-1, MISSISSIPPI CODE OF 1972, TO CONFORM; AND FOR RELATED PURPOSES.
- Who sponsors HB 1650?
- HB 1650 is sponsored by John Read (Republican).
- What is the current status of HB 1650?
- This bill has been enacted into law. Introduced January 19, 2026. Enacted.
- Where can I track HB 1650?
- Track HB 1650 free on One Click Politics — get push/email alerts when it moves.
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