Did not become law. It stopped in the Senate on March 11, 2026.
2026 Regular Session
House Bill 1477
Safe deposit boxes; provide escheatment process for.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO PROVIDE FOR A SAFE DEPOSIT BOX ESCHEATMENT PROCESS; TO REQUIRE BANKS AND FINANCIAL ORGANIZATIONS TO PROVIDE CERTAIN NOTICE TO PERSONS WHO HAVE NOT PAID RENT FOR THEIR SAFE DEPOSIT BOXES; TO AUTHORIZE SUCH BANKS AND FINANCIAL ORGANIZATIONS TO OPEN THE SAFE DEPOSIT BOX AFTER PROPER NOTICE; TO AUTHORIZE THE STATE TREASURER TO RECEIVE CONTENTS FROM THE ABANDONED SAFE DEPOSIT BOX AND SELL THE CONTENTS AT PUBLIC AUCTION; TO AMEND SECTION 89-12-3, MISSISSIPPI CODE OF 1972, TO DEFINE "LAST KNOWN ADDRESS" AND "LAWFUL CHARGES" FOR THE PURPOSES OF THIS ACT; TO AMEND SECTIONS 89-12-5, 89-12-11, 89-12-17, 89-12-30, 89-12-31 AND 7-7-42, MISSISSIPPI CODE OF 1972, TO MODERNIZE CERTAIN PROVISIONS RELATING TO ABANDONED AND UNCLAIMED PROPERTY UNDER THE UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT; TO BRING FORWARD SECTION 81-5-64, MISSISSIPPI CODE OF 1972, FOR THE PURPOSE OF POSSIBLE AMENDMENT; 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
Sponsor
Its course
January 19 to March 11, 2026, 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 action8 actions on 7 days
In the House of RepresentativesJan 19 to Feb 1022 days
Banking and Financial ServicesJan 19 to Feb 214 days
In the SenateFeb 10 to Mar 11 · stopped29 days
Business and Financial InstitutionsFeb 18 to Feb 268 days
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentPending
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 19 – Feb 10
- Jan 19Referred to the House committee on Banking and Financial Services
- Feb 2Reported from committee in the House: title sufficient, do pass as a committee substitute
- Feb 10Committee substitute adopted in the House
- Passed the House
In the Senate Feb 11 – Mar 11
- Feb 11Sent to the Senate
- Feb 18Referred to the Senate committee on Business and Financial Institutions
- Feb 26Reported from committee in the Senate: title sufficient, do pass as amended
- Mar 11Died on the calendar in the Senate
All 8 actions, as published
- Jan 19Referred To Banking and Financial ServicesHouse of Representatives
- Feb 2Title Suff Do Pass Comm SubHouse of Representatives
- Feb 10Committee Substitute AdoptedHouse of Representatives
- Feb 10PassedHouse of Representatives
- Feb 11Transmitted To SenateHouse of Representatives
- Feb 18Referred To Business and Financial InstitutionsSenate
- Feb 26Title Suff Do Pass As AmendedSenate
- Mar 11Died On CalendarSenate