MS HB455 | 2011 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on February 24 2011 - 100% progression
Action: 2011-02-24 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Passed on February 24 2011 - 100% progression
Action: 2011-02-24 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]
Summary
An Act To Reenact Sections 75-67-501 Through 75-67-537, Mississippi Code Of 1972, Which Are The Mississippi Check Cashers Act; To Amend Reenacted Section 75-67-505, Mississippi Code Of 1972, To Provide That Any Transaction That Would Be Subject To The Check Cashers Act That Is Made By A Person Who Does Not Have A Valid License Under The Act Shall Be Null And Void; To Amend Reenacted Section 75-67-519, Mississippi Code Of 1972, To Provide That The Period Of A Delayed Deposit Check Of Not More Than $250.00 May Be For Up To 30 Days, And The Period Of A Delayed Deposit Check Of More Than $250.00 But Not More Than $500.00 Shall Be For 28 To 30 Days, As Selected By The Customer, With The Licensee Having The Option To Deposit Or Collect The Check; To Increase The Maximum Face Amount Of A Delayed Deposit Check To $500.00 And Increase The Maximum Amount That A Customer May Have Outstanding At Any Time To $500.00; To Revise The Maximum Fee For Cashing A Delayed Deposit Check From A Percentage Of The Face Value Of The Check To A Stated Dollar Amount Per $100.00 Advanced; To Provide That The Maximum Fee For Cashing A Delayed Deposit Check Of Not More Than $250.00 Shall Be $20.00 Per $100.00 Advanced, And The Maximum Fee For Cashing A Delayed Deposit Check Of More Than $250.00 But Not More Than $500.00 Shall Be $21.95 Per $100.00 Advanced; To Require Licensees To Provide The Customer A Pamphlet Prepared By The Commissioner Of Banking That Describes General Information About The Transaction And About The Customer's Rights And Responsibilities In The Transaction And Includes The Consumer Hotline Phone Number To The Mississippi Department Of Banking And Consumer Finance And To The Mississippi Attorney General's Office, Before Entering Into A Delayed Deposit Transaction; To Amend Section 75-67-539, Mississippi Code Of 1972, To Extend The Date Of The Repealer On The Check Cashers Act; And For Related Purposes.
Title
Check Cashiers Act; reenact and extend repealer on.
Sponsors
Roll Calls
2011-02-16 - Senate - Senate Conference Report Adopted (Y: 42 N: 8 NV: 1 Abs: 0) [PASS]
2011-02-14 - House - House Conference Report Adopted (Y: 76 N: 44 NV: 1 Abs: 0) [PASS]
2011-01-21 - Senate - Senate Passed As Amended (Y: 33 N: 13 NV: 5 Abs: 0) [PASS]
2011-01-18 - House - House Passed As Amended (Y: 79 N: 37 NV: 5 Abs: 0) [PASS]
2011-02-14 - House - House Conference Report Adopted (Y: 76 N: 44 NV: 1 Abs: 0) [PASS]
2011-01-21 - Senate - Senate Passed As Amended (Y: 33 N: 13 NV: 5 Abs: 0) [PASS]
2011-01-18 - House - House Passed As Amended (Y: 79 N: 37 NV: 5 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-24 | Approved by Governor | |
| 2011-02-22 | Enrolled Bill Signed | |
| 2011-02-22 | Enrolled Bill Signed | |
| 2011-02-16 | Conference Report Adopted | |
| 2011-02-15 | Motion to Reconsider Tabled | |
| 2011-02-14 | Motion to Reconsider Entered (Buck (5th), Flaggs, Walley, Holland) | |
| 2011-02-14 | Conference Report Adopted | |
| 2011-02-10 | Conference Report Filed | |
| 2011-02-10 | Conference Report Filed | |
| 2011-02-10 | Conferees Named Jackson (15th),Michel,Wilemon | |
| 2011-02-07 | Conferees Named Flaggs,Walley,Chism | |
| 2011-02-03 | Decline to Concur/Invite Conf | |
| 2011-01-24 | Returned For Concurrence | |
| 2011-01-24 | Motion to Reconsider Tabled | |
| 2011-01-21 | Motion to Reconsider Entered | |
| 2011-01-21 | Passed As Amended | |
| 2011-01-21 | Amended | |
| 2011-01-20 | Title Suff Do Pass As Amended | |
| 2011-01-20 | Referred To Business and Financial Institutions | |
| 2011-01-19 | Transmitted To Senate | |
| 2011-01-19 | Motion to Reconsider Tabled | |
| 2011-01-18 | Motion to Reconsider Entered (Mayo, Flaggs, Walley) | |
| 2011-01-18 | Passed As Amended | |
| 2011-01-18 | Amended | |
| 2011-01-18 | Committee Substitute Adopted | |
| 2011-01-14 | Read the Third Time | |
| 2011-01-11 | Title Suff Do Pass Comm Sub | |
| 2011-01-06 | Referred To Banking and Financial Services |
