Bill Text | History of Actions | Amendments | Background | Title |
Description: Lenders; increase amount of service charge for NSF check used to pay loan.
Bill Text: [Introduced]
| 1 | 02/21/00 | (H) | Referred To Banks and Banking | |
| 2 | 02/28/00 | (H) | Title Suff Do Pass | |
| 3 | 03/08/00 | (H) | Amended | |
| 4 | 03/08/00 | (H) | Failed | |
| 5 | 03/09/00 | (H) | Motion to Reconsider Entered | |
| 6 | 03/17/00 | (H) | Died On Calendar |
| Adopted | [H] | Amendment No 1 |
| Effective date | July 1, 2000 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Guice
Code Sections: A 097-0019-0081, RP 075-0067-0122
Title: AN ACT TO AMEND SECTION 97-19-81, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE FEE OR SERVICE CHARGE THAT LENDERS MAY ADD TO THE UNPAID BALANCE OF A LOAN WHEN A BORROWER PAYS ALL OR PART OF THE LOAN BY CHECK, THE CHECK IS RETURNED BECAUSE OF INSUFFICIENT FUNDS, AND THE LENDER IS CHARGED A FEE OR SERVICE CHARGE AS A RESULT OF THAT RETURN; TO REPEAL SECTION 75-67-122, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES SMALL LOAN LICENSEES TO CHARGE AND COLLECT A BAD CHECK CHARGE; AND FOR RELATED PURPOSES.
End Of Document
2000/html/History/HB/HB1178.htm