Mississippi Legislature
2004 Regular Session

Senate Bill 2480

Main Menu


Bill Text

History of Actions

Background

Title

Description: Small loan licenses; revise certain provisions applicable to.

Bill Text: [Introduced]

History of Actions:

1 02/09 (S) Referred To Business and Financial Institutions
2 03/09 (S) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Mettetal

Code Sections: A 075-0017-0027, A 063-0019-0035, A 075-0067-0115, A 075-0067-0215, 075-0017-0015

Title: AN ACT TO AMEND SECTION 75-17-27, MISSISSIPPI CODE OF 1972, TO MODIFY THE LATE PAYMENT CHARGES PERMITTED ON CERTAIN TRANSACTIONS; TO AMEND SECTION 63-19-35, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISION THE DELINQUENCY AND COLLECTION CHARGE PROVISIONS APPLICABLE TO COMMERCIAL VEHICLE SALES CONTRACTS AND MOTOR VEHICLE SALES FINANCE CONTRACTS; TO AMEND SECTION 75-67-115, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT THAT THE COMMISSIONER OF BANKING AND CONSUMER FINANCE MAY CHARGE LICENSEES UNDER THE SMALL LOAN REGULATORY LAW FOR EXPENSES OF EXAMINATIONS; TO AMEND SECTION 75-67-215, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER TO ENTER ORDERS THAT REQUIRE PERSONS TO REFRAIN FROM VIOLATING PROVISIONS OF THE SMALL LOAN PRIVILEGE TAX LAW; TO CREATE A NEW SECTION TO BE CODIFIED AS SECTION 75-67-139, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MUNICIPALITIES TO ENACT ORDINANCES THAT ARE IN COMPLIANCE WITH, BUT NOT MORE RESTRICTIVE THAN, THE PROVISIONS OF THE SMALL LOAN REGULATORY LAW; TO CREATE A NEW SECTION TO BE CODIFIED AS SECTION 75-67-247, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MUNICIPALITIES TO ENACT ORDINANCES THAT ARE IN COMPLIANCE WITH, BUT NOT MORE RESTRICTIVE THAN, THE PROVISIONS OF THE SMALL LOAN PRIVILEGE TAX LAW; TO REPEAL SECTION 75-17-15, MISSISSIPPI CODE OF 1972, WHICH AUTHORIZES SMALL LOAN LICENSEES TO COLLECT A DEFAULT CHARGE ON CERTAIN TRANSACTIONS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/09/04 at 17:46.

End Of Document
2004/html/History/SB/SB2480.htm