Mississippi 2019 Regular Session Status: In Committee 1 R cosponsors

HB 937 — Commissioner of Banking and Consumer Finance; provide for salary of.

Last action — Died On Calendar

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

17 added · 30 removed

Plain-language change summary

The amendment to Bill HB 937 removes the previous requirement that the salaries of the commissioner and the deputy commissioner of banking and consumer finance be based on the average compensation of their counterparts in Louisiana, Alabama, and Tennessee. Instead, it now states that their salaries will be set by the State Personnel Board, which can provide a more standardized approach to salary decisions. This change is significant because it gives the State Personnel Board the authority to determine salaries, potentially enhancing fairness and consistency within state compensation practices.

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HB 937 (As Introduced) - 2019 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
HB 937 (COMMITTEE SUBSTITUTE) - 2019 Regular Session MISSISSIPPI LEGISLATURE Regular Session To:
Representative Smith House Bill 937 AN ACT TO AMEND SECTION 81-1-69, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE SALARY OF THE COMMISSIONER OF BANKING AND CONSUMER FINANCE SHALL BE EQUAL TO THE AVERAGE OF THE TOTAL COMPENSATION IN THE FORM OF SALARY AND ANY BONUS FOR THE COMMISSIONERS OR EXECUTIVE HEADS OF THE DEPARTMENTS OR AGENCIES OF THE STATES OF LOUISIANA, ALABAMA AND TENNESSEE THAT REGULATE BANKS AND FINANCIAL INSTITUTIONS;
Representative Smith House Bill 937 (COMMITTEE SUBSTITUTE) AN ACT TO AMEND SECTION 81-1-69, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE SALARIES OF THE COMMISSIONER OF BANKING AND CONSUMER FINANCE AND THE DEPUTY COMMISSIONER SHALL BE FIXED BY THE STATE PERSONNEL BOARD;
TO DELETE THE PROVISION THAT PROVIDES THAT THE SALARY OF THE DEPUTY COMMISSIONER OF BANKING AND CONSUMER FINANCE SHALL BE FIXED BY THE LEGISLATURE;
AND FOR RELATED PURPOSES.
AND FOR RELATED PURPOSES.       BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
     81-1-69.  The * * *salaries salary of the commissioner * * *and the deputy commissioner shall be * * *fixed by the Legislature an amount equal to the average of the total compensation in the form of salary and any bonus for the commissioners or executive heads of the departments or agencies of the States of Louisiana, Alabama and Tennessee that regulate banks and financial institutions, and shall be payable monthly out of the funds of the department.  The initial compensation average used for determining the salary of the commissioner shall be the average for the calendar year ending December 31, 2018, as certified by the commissioner, and the compensation average used for each year thereafter shall be the average for the previous calendar year ending December 31 as certified by the commissioner.
     81-1-69.  The salaries of the commissioner and the deputy commissioner shall be fixed * * * by the Legislature as provided in the compensation plan for the state personnel system, and shall be payable monthly out of the funds of the department.
     SECTION 2.  This act shall take effect and be in force from and after July 1, 2019.
     SECTION 2.  This act shall take effect and be in force from and after July 1, 2019, and shall stand repealed from and after June 30, 2019.
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Action History

  1. Died On Calendar

  2. Title Suff Do Pass Comm Sub

  3. Referred To Banking and Financial Services

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 174 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (174)

174 members have not signed on to this bill.

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"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

Who sponsors HB 937?
HB 937 is sponsored by Troy Smith (Republican).
What is the current status of HB 937?
This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 937?
Track HB 937 free on One Click Politics — get push/email alerts when it moves.

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