l9n/ Mississippi

2020 Regular Session

House Bill 537

State Employee Loan Program; create.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 3, 2020. The 2020 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO CREATE THE STATE EMPLOYEE LOAN PROGRAM TO BE ADMINISTERED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION; TO PROVIDE THAT A LOAN APPLICANT MAY RECEIVE NO MORE THAN TWO LOANS PER YEAR; TO PROVIDE THAT THE LOAN SHALL BE IN AN AMOUNT THAT IS NO MORE THAN SIX HUNDRED DOLLARS, AND MAY BE MADE IN ONE HUNDRED DOLLAR INCREMENTS; TO PROVIDE THAT THE LOAN SHALL BE REPAID OVER A THREE-MONTH TERM; TO REQUIRE AN APPLICANT TO COMPLETE AN ONLINE FINANCIAL LITERACY COURSE WITHIN THREE MONTHS AFTER RECEIVING HIS OR HER FIRST LOAN; TO REQUIRE THAT TO BE ELIGIBLE FOR A LOAN, AN APPLICANT MUST BE AN ACTIVE, FULL-TIME EMPLOYEE WHO HAS A MINIMUM OF TWELVE CONSECUTIVE MONTHS OF EMPLOYMENT WITH THE STATE OF MISSISSIPPI; TO PROVIDE FOR A PROCESSING FEE THAT IS CHARGED FOR EACH LOAN; TO PROVIDE A PENALTY FOR A RECIPIENT WHO DEFAULTS ON REPAYMENT OF HIS OR HER LOAN; TO AUTHORIZE THE DEPARTMENT TO MAKE MONTHLY WITHHOLDINGS FROM THE RECIPIENT'S PAYCHECK UNTIL THE LOAN IS REPAID; 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

Its course

February 5 to March 3, 2020, 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 5 to Mar 3 · stopped27 days

Ways and MeansFeb 5 to Mar 3 · stopped27 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 5 – Mar 3

  1. Feb 5Referred to the House committee on Ways and Means
  2. Mar 3Died in committee in the House
All 2 actions, as published
  1. Feb 5Referred To Ways and MeansHouse of Representatives
  2. Mar 3Died In CommitteeHouse of Representatives