l9n/ Mississippi

2023 Regular Session

House Bill 1172

Federal home loan banks; define term and provide process for handling delinquent insurer's secured claim.

Did not become law. It stopped in the Senate's Insurance Committee on February 28, 2023. The 2023 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO PROVIDE PROCEDURES AND CERTAIN RIGHTS REGARDING COLLATERAL IN FEDERAL HOME LOAN BANKS' DELINQUENCY PROCEEDINGS; TO AMEND SECTION 83-24-7, MISSISSIPPI CODE OF 1972, TO DEFINE THE TERM "FEDERAL HOME LOAN BANK"; TO AMEND SECTIONS 83-24-11, 83-24-29, 83-24-41, 83-24-51 AND 83-24-55, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A FEDERAL HOME LOAN BANK SHALL NOT BE PROHIBITED FROM EXERCISING OR ENFORCING ANY RIGHT OR CAUSE OF ACTION REGARDING COLLATERAL PLEDGED UNDER A SECURITY AGREEMENT OR OTHER SIMILAR AGREEMENT OR ARRANGEMENT TO WHICH SUCH BANK IS A PARTY; 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 16 to February 28, 2023, 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 action7 actions on 7 days

In the House of RepresentativesJan 16 to Feb 924 days

InsuranceJan 16 to Jan 2610 days

In the SenateFeb 9 to Feb 28 · stopped19 days

InsuranceFeb 13 to Feb 28 · 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 16 – Feb 9

  1. Referred to the House committee on Insurance
  2. Reported from committee in the House: title sufficient, do pass
  3. Read the third time in the House
  4. Passed the House

In the Senate Feb 10 – Feb 28

  1. Sent to the Senate
  2. Referred to the Senate committee on Insurance
  3. Died in committee in the Senate
All 7 actions, as published