l9n/ Mississippi

2020 Regular Session

Senate Bill 2202

Financial institutions; authorize to delay a transaction upon good-faith belief that eligible person will be exploited.

Did not become law. It stopped in the Senate on March 12, 2020. The 2020 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AUTHORIZE A FINANCIAL INSTITUTION TO DELAY THE COMPLETION OF A FINANCIAL TRANSACTION, IF THE INSTITUTION BELIEVES IN GOOD FAITH THAT A REQUESTED TRANSACTION MAY RESULT IN, OR BE THE RESULT OF, EXPLOITATION OF AN ELIGIBLE PERSON; TO PROVIDE THAT A TRANSACTION DELAY WILL EXPIRE UPON EITHER A GOOD-FAITH DETERMINATION BY THE FINANCIAL INSTITUTION THAT THE TRANSACTION WILL NOT RESULT IN EXPLOITATION, OR 15 BUSINESS DAYS, UNLESS THE DEPARTMENT OF HUMAN SERVICES OR A LAW ENFORCEMENT AUTHORITY REQUESTS THAT THE FINANCIAL INSTITUTION EXTEND THE DELAY; TO REQUIRE THE FINANCIAL INSTITUTION TO NOTIFY THE DEPARTMENT OF HUMAN SERVICES AND AUTHORIZE THE FINANCIAL INSTITUTION TO NOTIFY OTHER CERTAIN INDIVIDUALS IF A TRANSACTION IS DELAYED; TO LIMIT THE LIABILITY OF A FINANCIAL INSTITUTION THAT EITHER DELAYS A TRANSACTION OR DOES NOT DELAY A TRANSACTION; 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 Senate

Its course

January 29 to March 12, 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 action3 actions on 3 days

In the SenateJan 29 to Mar 12 · stopped43 days

Judiciary, Division AJan 29 to Feb 2729 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 Senate Jan 29 – Mar 12

  1. Jan 29Referred to the Senate committee on Judiciary, Division A
  2. Feb 27Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Mar 12Died on the calendar in the Senate
All 3 actions, as published
  1. Jan 29Referred To Judiciary, Division ASenate
  2. Feb 27Title Suff Do Pass Comm SubSenate
  3. Mar 12Died On CalendarSenate