MS HB1127 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 1 2022 - 100% progression
Action: 2022-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 11-53-81, Mississippi Code Of 1972, To Define The Term "open Account"; To Provide That An Open Account Invoice Or Itemized Statement Of The Account May Or May Not Include Written Terms Of Sale; To Provide That Such Provisions Of Law Shall Not Apply To Retail Sales Installment Contracts That Are Assigned To Lenders Who Are Licensed Under The Small Loan Privilege Tax Law; To Bring Forward Section 11-53-67, Which Relates To Certain Fees And Costs, For Purposes Of Possible Amendment; And For Related Purposes.

Tracking Information

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Title

Open account; define and prohibit certain provisions of law from applying to retail sales installment contracts.

Sponsors


History

DateChamberAction
2022-02-01HouseDied In Committee
2022-01-17HouseReferred To Banking and Financial Services

Code Citations

ChapterArticleSectionCitation TypeStatute Text
115367New CodeSee Bill Text
115381Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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