MS HB1436 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 5 2019 - 100% progression
Action: 2019-02-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Sections 75-67-313 And 75-67-413, Mississippi Code Of 1972, To Provide That The Maximum Amount That Pawnbrokers And Title Pledge Lenders May Charge For Their Services Shall Not Exceed An Annual Percentage Rate Of 25% Per Annum On The Amount Of The Principal Amount Advanced In The Transaction That Remains Unpaid; To Amend Section 75-67-519, Mississippi Code Of 1972, To Provide That The Maximum Amount That Check Cashers May Charge For Cashing A Delayed Deposit Check Shall Not Exceed An Annual Percentage Rate Of 25% On The Face Amount Of The Check; And For Related Purposes.
Title
Pawnbrokers, title pledge lenders; reduce maximum rate of interest that they may charge for their services.
Sponsors
Rep. Bob Evans [D] |
History
Date | Chamber | Action |
---|---|---|
2019-02-05 | House | Died In Committee |
2019-01-21 | House | Referred To Banking and Financial Services |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2019/pdf/history/HB/HB1436.xml |
Text | https://billstatus.ls.state.ms.us/documents/2019/html/HB/1400-1499/HB1436IN.htm |