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Bill

Bill

SN 78

Vaiden Arthur Clark, Jackson, Mississippi, Board of Directors of the College Savings Plan of Mississippi to represent the Fourth Congressional District, five year term effective July 1, 2025 and ending June 30, 2030.

2026 Regular Session

Designates a Fourth Congressional District representative on the Mississippi College Savings Plan board for a five-year term (2025–2030).

Notified of Return
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Bill Summary · SN 78

Summary of SN 78 (2026) — Mississippi

Overview

SN 78 proposes a change related to the governance of the College Savings Plan of Mississippi. Specifically, the bill would designate a member of the Vaiden Arthur Clark, Jackson, Mississippi, Board of Directors of the College Savings Plan of Mississippi to represent the Fourth Congressional District for a five-year term, with a term start July 1, 2025 and end June 30, 2030.

Purpose and Intent

  • Establishes or formalizes representation on the College Savings Plan of Mississippi’s Board of Directors.
  • Assigns the Fourth Congressional District representation to a named board member with a fixed five-year term.
  • Aligns board composition with congressional district representation and term structure to ensure ongoing regional governance of the plan.

Key Provisions

  • Board Composition: The Vaiden Arthur Clark Board of Directors (in Jackson, Mississippi) will appoint or designate a member to represent the Fourth Congressional District on the College Savings Plan of Mississippi Board of Directors.
  • Term of Office: The appointed representative will serve a five-year term.
    • Term start: July 1, 2025
    • Term end: June 30, 2030
  • District Representation: The measure ensures explicit representation for the Fourth Congressional District on the board.

Affected Parties and Impacts

  • Primary Affected Entity: College Savings Plan of Mississippi (board governance and oversight).
  • Affected Stakeholders:
    • Residents and beneficiaries within the Fourth Congressional District who participate or are potential participants in the college savings program.
    • The named board member (and potentially the appointing entity associated with Vaiden Arthur Clark governance) who will act as the district representative.
  • Implications:
    • Clarifies and formalizes district-based governance, potentially influencing board decisions and oversight of plan administration, investment policy, program outreach, and beneficiary services.
    • Provides a defined five-year tenure, contributing to continuity and district-focused accountability.

Procedural and Timeline Details

  • Current Status: Died in Committee (as of the 2026 legislative history).
  • Earlier Action: Referred to the Universities and Colleges committee on 2026-01-19.
  • Notification of Return: 2026-04-16 noted as “Notified of Return,” indicating a procedural step but no final disposition before the bill’s death.

Additional Notes

  • The bill’s death in committee means it did not advance to a full chamber vote or become law in its current form. If reintroduced, the sponsor or committee could reintroduce the same or amended provisions for consideration in a future session.
  • The summary reflects only the text and actions provided; no fiscal impact or cost allocations are stated in the information available.

Compiled from official sources — confirm details with the bill’s official record.

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