l9n/ Mississippi

2008 Regular Session

House Bill 1257

Lenders; those lending money to bring lawsuits shall register with Department of Banking.

Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 19, 2008. The 2008 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO REQUIRE ANY PERSON, FINANCIAL INSTITUTION OR OTHER ENTITY THAT LENDS MONEY FOR THE PURPOSE OF PAYING THE COSTS OF BRINGING A LAWSUIT TO REGISTER WITH THE DEPARTMENT OF BANKING AND CONSUMER FINANCE, AND PROVIDE THAT THOSE PERSONS AND ENTITIES SHALL BE SUBJECT TO THE REGULATION OF THE DEPARTMENT; TO PROHIBIT THOSE LENDERS FROM CHARGING AN INTEREST RATE ON THOSE LOANS THAT IS BASED ON A PERCENTAGE OF THE AMOUNT OF RECOVERY IN THE LAWSUIT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

  • Guice

    Sponsor

Its course

February 4 to February 19, 2008, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesFeb 4 to Feb 19 · stopped15 days

Banking and Financial ServicesFeb 4 to Feb 19 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Feb 4 – Feb 19

  1. Referred to the House committee on Banking and Financial Services
  2. Died in committee in the House
All 2 actions, as published