2011
Regular Session
Check Cashiers Act; reenact and extend repealer on.
AN ACT TO REENACT SECTIONS 75-67-501 THROUGH 75-67-537, MISSISSIPPI CODE OF 1972, WHICH ARE THE MISSISSIPPI CHECK CASHERS ACT; TO AMEND REENACTED SECTION 75-67-505, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY TRANSACTION THAT WOULD BE SUBJECT TO THE CHECK CASHERS ACT THAT IS MADE BY A PERSON WHO DOES NOT HAVE A VALID LICENSE UNDER THE ACT SHALL BE NULL AND VOID; TO AMEND REENACTED SECTION 75-67-519, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PERIOD OF A DELAYED DEPOSIT CHECK OF NOT MORE THAN $250.00 MAY BE FOR UP TO 30 DAYS, AND THE PERIOD OF A DELAYED DEPOSIT CHECK OF MORE THAN $250.00 BUT NOT MORE THAN $500.00 SHALL BE FOR 28 TO 30 DAYS, AS SELECTED BY THE CUSTOMER, WITH THE LICENSEE HAVING THE OPTION TO DEPOSIT OR COLLECT THE CHECK; TO INCREASE THE MAXIMUM FACE AMOUNT OF A DELAYED DEPOSIT CHECK TO $500.00 AND INCREASE THE MAXIMUM AMOUNT THAT A CUSTOMER MAY HAVE OUTSTANDING AT ANY TIME TO $500.00; TO REVISE THE MAXIMUM FEE FOR CASHING A DELAYED DEPOSIT CHECK FROM A PERCENTAGE OF THE FACE VALUE OF THE CHECK TO A STATED DOLLAR AMOUNT PER $100.00 ADVANCED; TO PROVIDE THAT THE MAXIMUM FEE FOR CASHING A DELAYED DEPOSIT CHECK OF NOT MORE THAN $250.00 SHALL BE $20.00 PER $100.00 ADVANCED, AND THE MAXIMUM FEE FOR CASHING A DELAYED DEPOSIT CHECK OF MORE THAN $250.00 BUT NOT MORE THAN $500.00 SHALL BE $21.95 PER $100.00 ADVANCED; TO REQUIRE LICENSEES TO PROVIDE THE CUSTOMER A PAMPHLET PREPARED BY THE COMMISSIONER OF BANKING THAT DESCRIBES GENERAL INFORMATION ABOUT THE TRANSACTION AND ABOUT THE CUSTOMER'S RIGHTS AND RESPONSIBILITIES IN THE TRANSACTION AND INCLUDES THE CONSUMER HOTLINE PHONE NUMBER TO THE MISSISSIPPI DEPARTMENT OF BANKING AND CONSUMER FINANCE AND TO THE MISSISSIPPI ATTORNEY GENERAL'S OFFICE, BEFORE ENTERING INTO A DELAYED DEPOSIT TRANSACTION; TO AMEND SECTION 75-67-539, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF THE REPEALER ON THE CHECK CASHERS ACT; AND FOR RELATED PURPOSES.
05/06/11 at 13:41
H
B
455
House Bill 455
HB 455
H
Law
General Bill/Constitutional Amendment
No
Three/Fifths
Passage
309
Banking and Financial Services
F
../../House_cmtes/BB.xml
Business and Financial Institutions
F
../../Senate_cmtes/BF.xml
Flaggs
../../House_authors/Flaggs.xml
R
../../code_sections/075/00670503.xml
RA
../../code_sections/075/00670505.xml
R
../../code_sections/075/00670507.xml
R
../../code_sections/075/00670509.xml
R
../../code_sections/075/00670511.xml
R
../../code_sections/075/00670513.xml
R
../../code_sections/075/00670515.xml
R
../../code_sections/075/00670516.xml
R
../../code_sections/075/00670517.xml
A
../../code_sections/075/00670519.xml
R
../../code_sections/075/00670521.xml
R
../../code_sections/075/00670523.xml
R
../../code_sections/075/00670525.xml
R
../../code_sections/075/00670527.xml
R
../../code_sections/075/00670529.xml
R
../../code_sections/075/00670531.xml
R
../../code_sections/075/00670533.xml
R
../../code_sections/075/00670535.xml
R
../../code_sections/075/00670537.xml
A
../../code_sections/075/00670539.xml
1
01/06 (H) Referred To Banking and Financial Services
2
01/11 (H) Title Suff Do Pass Comm Sub
3
01/14 (H) Read the Third Time
4
01/18 (H) Committee Substitute Adopted
5
01/18 (H) Amended
6
01/18 (H) Passed As Amended
../../../../2011/pdf/votes/house/0150002.pdf
7
01/18 (H) Motion to Reconsider Entered (Mayo, Flaggs, Walley)
8
01/19 (H) Motion to Reconsider Tabled
9
01/19 (H) Transmitted To Senate
10
01/20 (S) Referred To Business and Financial Institutions
11
01/20 (S) Title Suff Do Pass As Amended
12
01/21 (S) Amended
13
01/21 (S) Passed As Amended
../../../../2011/pdf/votes/senate/0180002.pdf
14
01/21 (S) Motion to Reconsider Entered
15
01/24 (S) Motion to Reconsider Tabled
16
01/24 (S) Returned For Concurrence
17
02/03 (H) Decline to Concur/Invite Conf
18
02/07 (H) Conferees Named Flaggs,Walley,Chism
19
02/10 (S) Conferees Named Jackson (15th),Michel,Wilemon
20
02/10 (S) Conference Report Filed
21
02/10 (H) Conference Report Filed
22
02/14 (H) Conference Report Adopted
../../../../2011/pdf/votes/house/0420002.pdf
23
02/14 (H) Motion to Reconsider Entered (Buck (5th), Flaggs, Walley, Holland)
24
02/15 (H) Motion to Reconsider Tabled
25
02/16 (S) Conference Report Adopted
../../../../2011/pdf/votes/senate/0440003.pdf
26
02/22 (H) Enrolled Bill Signed
27
02/22 (S) Enrolled Bill Signed
28
02/24 Approved by Governor
../../../../documents/2011/pdf/HB/0400-0499/HB0455SG.pdf
../../../../documents/2011/html/HB/0400-0499/HB0455SG.htm
../../../../documents/2011/pdf/HB/0400-0499/HB0455IN.pdf
../../../../documents/2011/html/HB/0400-0499/HB0455IN.htm
../../../../documents/2011/pdf/HB/0400-0499/HB0455CS.pdf
../../../../documents/2011/html/HB/0400-0499/HB0455CS.htm
../../../../documents/2011/pdf/HB/0400-0499/HB0455PS.pdf
../../../../documents/2011/html/HB/0400-0499/HB0455PS.htm
../../../../documents/2011/pdf/HB/0400-0499/HB0455SG.pdf
../../../../documents/2011/html/HB/0400-0499/HB0455SG.htm
../../../../documents/2011/pdf/cr/HB0455CR.pdf
../../../../documents/2011/html/cr/HB0455CR.htm
Conference Report
Amendment Report for House Bill No. 455
../../../../documents/2011/pdf/sam/Amendment_Report_for_HB0455.pdf
../../../../../documents/2011/html/sam/Amendment_Report_for_HB0455.htm
Amendment No 1 (Cmte Sub)
Adopted
../../../../documents/2011/pdf/ham/HB0455_H_(Cmte_Sub)_Amend_01.pdf
../../../../../documents/2011/html/ham/HB0455_H_(Cmte_Sub)_Amend_01.htm
Voice Vote
Amendment No 1 to Amendment No 1 (Cmte Sub)
Lost
../../../../documents/2011/pdf/ham/HB0455_H_(Cmte_Sub)_Amend_01_to_Amend_01.htm
../../../../../documents/2011/html/ham/HB0455_H_(Cmte_Sub)_Amend_01_to_Amend_01.htm
Voice Vote
Amendment No 2 to Amendment No 1 (Cmte Sub)
Lost
../../../../documents/2011/pdf/ham/HB0455_H_(Cmte_Sub)_Amend_02_to_Amend_01.htm
../../../../../documents/2011/html/ham/HB0455_H_(Cmte_Sub)_Amend_02_to_Amend_01.htm
Voice Vote
Amendment No 3 to Amendment No 1 (Cmte Sub)
Lost
../../../../documents/2011/pdf/ham/HB0455_H_(Cmte_Sub)_Amend_03_to_Amend_01.htm
../../../../../documents/2011/html/ham/HB0455_H_(Cmte_Sub)_Amend_03_to_Amend_01.htm
Voice Vote
Committee Amendment No 1
Adopted
../../../../documents/2011/pdf/sam/HB0455_S_Cmte_Amend_01.pdf
../../../../../documents/2011/html/sam/HB0455_S_Cmte_Amend_01.htm
Voice Vote
Amendment No 1 to Committee Amendment No 1
Lost
../../../../documents/2011/pdf/sam/HB0455_S_Amend_01_to_Cmte_Amend_01.pdf
../../../../../documents/2011/html/sam/HB0455_S_Amend_01_to_Cmte_Amend_01.htm
Voice Vote
Amendment No 2 to Committee Amendment No 1
Withdrawn
../../../../documents/2011/pdf/sam/HB0455_S_Amend_02_to_Cmte_Amend_01.pdf
../../../../../documents/2011/html/sam/HB0455_S_Amend_02_to_Cmte_Amend_01.htm
Amendment No 3 to Committee Amendment No 1
Lost
../../../../documents/2011/pdf/sam/HB0455_S_Amend_03_to_Cmte_Amend_01.pdf
../../../../../documents/2011/html/sam/HB0455_S_Amend_03_to_Cmte_Amend_01.htm
Voice Vote