Mississippi House Bill 1354 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create The State Employee Loan Program To Be Administered By The Department Of Finance And Administration; To Provide That A Loan Applicant May Receive No More Than Two Loans Per Year; To Provide That The Loan Shall Be In An Amount That Is No More Than Six Hundred Dollars, And May Be Made In One Hundred Dollar Increments; To Provide That The Loan Shall Be Repaid Over A Three-month Term; To Require An Applicant To Complete An Online Financial Literacy Course Within Three Months After Receiving His Or Her First Loan; To Require That To Be Eligible For A Loan, An Applicant Must Be An Active, Full-time Employee Who Has A Minimum Of Twelve Consecutive Months Of Employment With The State Of Mississippi; To Provide For A Processing Fee That Is Charged For Each Loan; To Provide A Penalty For A Recipient Who Defaults On Repayment Of His Or Her Loan; To Authorize The Department To Make Monthly Withholdings From The Recipient's Paycheck Until The Loan Is Repaid; And For Related Purposes.

State Employee Loan Program; create.

Rep. Jarvis Dortch [D]

Rep. Christopher Bell [D]

Date	Chamber	Action
2019-02-05	House	Died In Committee
2019-01-21	House	Referred To Ways and Means

Type	Source
Summary	https://billstatus.ls.state.ms.us/2019/pdf/history/HB/HB1354.xml
Text	https://billstatus.ls.state.ms.us/documents/2019/html/HB/1300-1399/HB1354IN.htm