Mississippi Senate Bill 2571 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 3 2013 - 100% progression
Action: 2013-04-03 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]

An Act To Be Known As The Mississippi Consumer Alternative Installment Loan Act; To Prohibit The Engaging In The Business Of Making Consumer Installment Loans Of Money And Charging Or Contracting For Interest On Those Loans Without Being The Holder Of A Valid License To Engage In The Business As Provided By This Act Or The Small Loan Privilege Tax Law; To Provide That The Commissioner Of Banking And Consumer Finance Shall Administer This Act; To Prescribe The Maximum Charges Permitted For Loans Made By Licensees Under This Act And The Method Of Computing Those Charges; To Prescribe The Terms Of Loans Made By Licensees Under This Act; To Provide That Local Governments May Enact Ordinances That Are In Compliance With, But Not More Restrictive Than, The Provisions Of This Act; To Create New Section 75-67-123, Mississippi Code Of 1972, To Provide That For Purposes Of Compliance With Maximum Charges Permitted Under The Small Loan Regulatory Law And The Small Loan Privilege Tax Law, Any Charges, Fees Or Premiums For Credit Insurance Or Auto Club Memberships Shall Not Be Included In The Calculation Of The Finance Charge; To Amend Section 75-17-25, Mississippi Code Of 1972, To Conform To The Preceding Provision; And For Related Purposes.

Mississippi Consumer Alternative Installment Loan Act; create.

Sen. Terry Brown [R]

2013-03-06 - House - House Passed As Amended (Y: 74 N: 43 NV: 3 Abs: 0) [PASS]
2013-02-06 - Senate - Senate Passed As Amended (Y: 48 N: 2 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2013-04-03	Senate	Died On Calendar
2013-04-03	House	Recommitted For Further Conf
2013-04-01	House	Conference Report Filed
2013-04-01	Senate	Conference Report Filed
2013-03-26	House	Conferees Named Zuber,Guice,Carpenter
2013-03-25	Senate	Conferees Named Jackson (15th),Harkins,Doty
2013-03-21	Senate	Decline to Concur/Invite Conf
2013-03-08	House	Returned For Concurrence
2013-03-06	House	Passed As Amended
2013-03-06	House	Point of Order-Not Well Taken
2013-03-06	House	Set Aside-Pend Ruling of Chair
2013-03-06	House	Point of Order Raised
2013-03-06	House	Amended
2013-03-05	House	Tabled Subject To Call
2013-03-01	House	Title Suff Do Pass As Amended
2013-02-20	House	Referred To Banking and Financial Services
2013-02-11	Senate	Transmitted To House
2013-02-06	Senate	Passed As Amended
2013-02-06	Senate	Amended
2013-02-06	Senate	Committee Substitute Adopted
2013-01-29	Senate	Title Suff Do Pass Comm Sub
2013-01-21	Senate	Referred To Business and Financial Institutions

Type	Source
Summary	https://billstatus.ls.state.ms.us/2013/pdf/history/SB/SB2571.xml
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2500-2599/SB2571IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2500-2599/SB2571CS.htm
Text	https://billstatus.ls.state.ms.us/documents/2013/html/SB/2500-2599/SB2571PS.htm
Roll Call	https://billstatus.ls.state.ms.us/2013/pdf/votes/senate/0300002.pdf
Roll Call	https://billstatus.ls.state.ms.us/2013/pdf/votes/house/0580022.pdf