Mississippi House Bill 1271 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 31 2023 - 100% progression
Action: 2023-01-31 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create The "commercial Financing Disclosure Law"; To Define Certain Terms Relating To Commercial Financing; To Require A Provider That Completes A Commercial Financing Product To Disclose The Terms Of Such Commercial Financing Product; To Provide Certain Exceptions To The Provisions Of This Act; To Prohibit A Person From Engaging In Business As A Commercial Financing Broker Within This State For Compensation, Unless The Person Has Filed A Registration With The Department Of Banking And Consumer Finance, And Has On File A Sufficient Bond; To Provide Penalties For A Violation Of The Provisions Of This Act; And For Related Purposes.

Commercial Financing Disclosure Law; create.

Rep. Kevin Ford [R]

Date	Chamber	Action
2023-01-31	House	Died In Committee
2023-01-16	House	Referred To Banking and Financial Services

Type	Source
Summary	https://billstatus.ls.state.ms.us/2023/pdf/history/HB/HB1271.xml
Text	https://billstatus.ls.state.ms.us/documents/2023/html/HB/1200-1299/HB1271IN.htm