l9n/ Mississippi

2022 Regular Session

House Bill 1308

Finance charges; authorize to charge certain percentage rates based on amount of loan.

Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 1, 2022. The 2022 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 75-67-181, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A LICENSEE TO CONTRACT AND CHARGE A MONTHLY FINANCE CHARGE OF THIRTY-SIX PERCENT PER ANNUM ON THE UNPAID BALANCE OF THE AMOUNT FINANCED ON LOANS OF MORE THAN FOUR THOUSAND DOLLARS, BUT NOT MORE THAN TEN THOUSAND DOLLARS AND TO CONTRACT AND CHARGE A MONTHLY FINANCE CHARGE OF TWENTY-ONE PERCENT PER ANNUM ON THE UNPAID BALANCE ON THE AMOUNT FINANCED IF THE LOAN IS MORE THAN TEN THOUSAND DOLLARS, IN LIEU OF CERTAIN INTEREST AND CHARGES; 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

January 17 to February 1, 2022, 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 RepresentativesJan 17 to Feb 1 · stopped15 days

Banking and Financial ServicesJan 17 to Feb 1 · 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 Jan 17 – Feb 1

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