State Treasury Efficiency and Transparency Act; enact.
SB 2471, the "State Treasury Efficiency and Transparency Act," requires the Mississippi State Treasurer to annually review public funds receiving interest from pooled investment vehicles to identify accounts with no activity beyond interest receipts. If such accounts aren't legally mandated to retain interest, the Treasurer may stop their interest allocation and direct their closure or consolidation. The bill also mandates state agencies to review all their funds and report details to the Treasurer, who must then compile and share this data with the Legislative Budget Office and legislative services offices. This directly affects state agencies managing dormant or inactive accounts and aims to improve transparency and reduce administrative costs in state treasury operations.
Bill status
died
4 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Feb 2026
House Passage
Mar 2026
Governor
Introduced Feb 12, 2026
Last action Mar 26, 2026
Maddy AI version diff · 1 comparison
What changed between versions
As Introduced
→
Current version
·
2 edits
MINOR
The bill title was updated to reflect that it has passed the Senate, indicating progress in the legislative process. The header was changed from 'As Introduced' to 'As Passed the Senate', and a new line was added to clarify the bill's current status. No substantive policy changes are evident from the provided text snippet.
TECHNICAL
The bill header was updated to reflect its current legislative status, changing from 'As Introduced' to 'As Passed the Senate'.
A new line was added to explicitly state '(As Passed the Senate)' below the bill title.
Floor votes · Senate Feb 11, 2026 · House Mar 5, 2026
How they voted
52–0
Passed
Total votes 52
Feb 11, 2026
D
Democratic18
100% Yea
R
Republican34
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
12
Key actions
5
Committee
4
Amendments
1
Mar 5, 2026
Lower · Passed
Passed As Amended
lower
Mar 5, 2026
Lower · Passed
Amended
lower
Mar 3, 2026
Lower · Passed
Title Suff Do Pass As Amended
lower
Feb 16, 2026
Committee
Referred To Accountability, Efficiency, Transparency;Appropriations A
lower
Feb 12, 2026
Introduced
Transmitted To House
upper
Feb 11, 2026
Upper · Passed
Passed
upper
Feb 3, 2026
Upper · Passed
Title Suff Do Pass
upper
Jan 19, 2026
Committee
Referred To Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Briggs Hopson
RRepublican
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