Mississippi House Bill 924 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 4 2014 - 100% progression
Action: 2014-02-04 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create New Section 75-15-37, Mississippi Code Of 1972, To Require Licensees And Agents Under The Mississippi Money Transmitters Act To Collect A Fee For Each International Money Transaction; To Require That The Fees Be Remitted Quarterly To The Department Of Revenue; To Provide That The Department Shall Deposit The Fees Into The Drug Court Fund; To Provide That If A Licensee Or An Agent Fails To File The Forms Or Remit The Fee As Required By This Act, The Department Of Revenue Shall Notify The Commissioner Of Banking, Who Shall Suspend The License Of The Licensee Or Suspend The Agent From Doing Business As An Agent; To Provide That The Licensee's License Shall Remain Suspended, Or The Agent May Not Do Business As An Agent, Until All Required Reports Have Been Filed And All Required Fee Amounts Have Been Remitted; To Amend Section 75-15-7, Mississippi Code Of 1972, To Conform To The Preceding Provisions; To Create New Section 27-7-22.38, Mississippi Code Of 1972, To Create An Income Tax Credit In The Amount Of The Fee Paid By A Taxpayer Under This Act For An International Money Transaction; And For Related Purposes.

Money transmitters; require to collect fee for international money transactions.

Rep. Andy Gipson [R]

Date	Chamber	Action
2014-02-04	House	Died In Committee
2014-01-20	House	Referred To Banking and Financial Services

Type	Source
Summary	https://billstatus.ls.state.ms.us/2014/pdf/history/HB/HB0924.xml
Text	https://billstatus.ls.state.ms.us/documents/2014/html/HB/0900-0999/HB0924IN.htm