l9n/ Mississippi

2026 Regular Session

House Bill 1596

Money transmitters; require to implement certain data security measures and customer protections.

Became law as Chapter 461, Laws of 2026, signed April 8, 2026, 79 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO REQUIRE A MONEY TRANSMITTER LICENSED UNDER THE MONEY TRANSMISSION MODERNIZATION ACT TO IMPLEMENT SAFEGUARDS TO PROTECT CUSTOMER INFORMATION AND INCREASE DATA SECURITY; TO REQUIRE A LICENSEE TO DESIGNATE A QUALIFIED INDIVIDUAL TO BE RESPONSIBLE FOR OVERSEEING, IMPLEMENTING AND ENFORCING AN INFORMATION SECURITY PROGRAM; TO PROVIDE THE MINIMUM STANDARDS AND REQUIREMENTS FOR THE INFORMATION SECURITY PROGRAM AND TO REQUIRE RISK ASSESSMENTS; TO REQUIRE NOTIFICATION TO THE COMMISSIONER OF BANKING AND CONSUMER FINANCE WHEN UNENCRYPTED CUSTOMER INFORMATION IS ACQUIRED WITHOUT THE AUTHORIZATION OF THE AFFECTED INDIVIDUAL; TO PROVIDE CERTAIN EXCEPTIONS; TO AMEND SECTION 75-16-11, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FUNDS COMING INTO THE POSSESSION OF THE COMMISSIONER AS A RESULT OF THE MONEY TRANSMISSION MODERNIZATION ACT SHALL BE DEPOSITED INTO THE CONSUMER FINANCE FUND; TO AMEND SECTIONS 75-16-25, 75-16-31 AND 75-16-43, MISSISSIPPI CODE OF 1972, TO REGULATE VIRTUAL CURRENCY KIOSKS UNDER THE PROVISIONS OF THE MONEY TRANSMISSION MODERNIZATION ACT; TO AMEND SECTION 75-16-51, MISSISSIPPI CODE OF 1972, TO REQUIRE A LICENSEE TO PROVIDE TRAINING MATERIALS TO HELP AUTHORIZED DELEGATES RECOGNIZE FINANCIAL ABUSE AND FINANCIAL EXPLOITATION OF AN ELDER ADULT AND RESPOND APPROPRIATELY IN SUCH SITUATIONS; TO AMEND SECTION 75-16-65, MISSISSIPPI CODE OF 1972, TO INCLUDE THE WORD "INVESTMENTS"; TO CREATE NEW SECTION 75-16-89, MISSISSIPPI CODE OF 1972, TO REQUIRE A LICENSEE TO PROVIDE CERTAIN INFORMATION TO THE PURCHASER IN CONNECTION WITH EACH MONEY TRANSMISSION OR KIOSK TRANSACTION CONDUCTED BY THE LICENSEE DIRECTLY OR THROUGH AN AUTHORIZED DELEGATE; 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 19 to April 8, 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 action21 actions on 17 days

In the House of RepresentativesJan 19 to Feb 1022 days

Banking and Financial ServicesJan 19 to Jan 2910 days

In the SenateFeb 10 to Mar 1028 days

Business and Financial InstitutionsFeb 19 to Feb 267 days

Accountability, Efficiency, TransparencyFeb 26 to Mar 35 days

Back in the House of RepresentativesMar 10 to Apr 223 days

With the GovernorApr 2 to Apr 86 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Feb 10

  • Senate committee amendmentAdopted

    Adopted Mar 10

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

  1. Jan 19Referred to the House committee on Banking and Financial Services
  2. Jan 29Reported from committee in the House: title sufficient, do pass
  3. Feb 10Amended in the House
  4. Passed the House as amended

In the Senate Feb 12 – Mar 10

  1. Feb 12Sent to the Senate
  2. Feb 19Referred to the Senate committees on Business and Financial Institutions and on Accountability, Efficiency, Transparency
  3. Feb 26Reported as amended from BF to AC in the Senate: title sufficient, do pass
  4. Mar 3Reported from committee in the Senate: title sufficient, do pass as amended
  5. Mar 10Amended in the Senate
  6. Passed the Senate as amended

Back in the House of Representatives Mar 11 – Apr 2

  1. Mar 11Returned to the House to concur in the Senate's amendments
  2. Mar 17Declined in the House to concur, and invited a conference
  3. Mar 23Conferees named in the House: Aguirre, Boyd (37th) and Varner
  4. Conferees named in the Senate: Johnson, Blackwell and Brumfield
  5. Mar 29Conference report filed in the Senate
  6. Conference report filed in the House
  7. Mar 30Conference report adopted in the Senate
  8. Mar 31Conference report adopted in the House
  9. Apr 2Enrolled bill signed in the House

To the Governor Apr 6 – Apr 8

  1. Apr 6Enrolled bill signed in the Senate
  2. Apr 8Approved by the Governor
All 21 actions, as published
  1. Jan 19Referred To Banking and Financial ServicesHouse of Representatives
  2. Jan 29Title Suff Do PassHouse of Representatives
  3. Feb 10AmendedHouse of Representatives
  4. Feb 10Passed As AmendedHouse of Representatives
  5. Feb 12Transmitted To SenateHouse of Representatives
  6. Feb 19Referred To Business and Financial Institutions;Accountability, Efficiency, TransparencySenate
  7. Feb 26DR - TSDPAA: BF To ACSenate
  8. Mar 3Title Suff Do Pass As AmendedSenate
  9. Mar 10AmendedSenate
  10. Mar 10Passed As AmendedSenate
  11. Mar 11Returned For ConcurrenceSenate
  12. Mar 17Decline to Concur/Invite ConfHouse of Representatives
  13. Mar 23Conferees Named Aguirre,Boyd (37th),VarnerHouse of Representatives
  14. Mar 23Conferees Named Johnson,Blackwell,BrumfieldSenate
  15. Mar 29Conference Report FiledSenate
  16. Mar 29Conference Report FiledHouse of Representatives
  17. Mar 30Conference Report AdoptedSenate
  18. Mar 31Conference Report AdoptedHouse of Representatives
  19. Apr 2Enrolled Bill SignedHouse of Representatives
  20. Apr 6Enrolled Bill SignedSenate
  21. Apr 8Approved by GovernorGovernor