[Introduced] [Committee Substitute] [Passed House] [Sent to Governor]
History of Actions | Amendments | Background | Title |
Description: Consumer loan brokers; limit payments and fees from borrowers to 6% of loan amount.
| 1 | 01/18/99 | (H) | Referred To Banks and Banking | |
| 2 | 01/27/99 | (H) | Title Suff Do Pass Comm Sub | |
| 3 | 02/04/99 | (H) | Committee Substitute Adopted | |
| 4 | 02/04/99 | (H) | Passed | |
| 5 | 02/08/99 | (H) | Transmitted To Senate | |
| 6 | 02/09/99 | (S) | Referred To Business and Financial Institutions | |
| 7 | 03/02/99 | (S) | Title Suff Do Pass | |
| 8 | 03/09/99 | (S) | Amended | |
| 9 | 03/09/99 | (S) | Passed As Amended | |
| 10 | 03/10/99 | (S) | Returned For Concurrence | |
| 11 | 03/17/99 | (H) | Decline to Concur/Invite Conf | |
| 12 | 03/23/99 | (H) | Conferees Named Guice,Rogers,Evans | |
| 13 | 03/25/99 | (S) | Conferees Named Woodfield,Gordon,Hewes | |
| 14 | 03/28/99 | (H) | Conference Report Filed | |
| 15 | 03/28/99 | (S) | Conference Report Filed | |
| 16 | 03/29/99 | (H) | Conference Report Adopted | |
| 17 | 03/30/99 | (S) | Conference Report Adopted | |
| 18 | 04/06/99 | (H) | Enrolled Bill Signed | |
| 19 | 04/07/99 | (S) | Enrolled Bill Signed | |
| 20 | 04/15/99 | Approved by Governor |
| Adopted | [S] | Amendment No 1 |
| Effective date | July 1, 1999 | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No | |
| Chapter number | 505 |
House Committee:
Senate Committee:
Principal Author: Guice
Code Section: A 081-0019-0023
Title: AN ACT TO AMEND SECTION 81-19-23, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A CONSUMER LOAN BROKER SHALL NOT CHARGE OR COLLECT ANY SERVICE CHARGE OR ADVANCE FEE FROM A BORROWER THAT EXCEEDS SIX PERCENT OF THE ORIGINAL PRINCIPAL AMOUNT OF THE LOAN; TO AUTHORIZE THE COMMISSIONER OF BANKING AND CONSUMER FINANCE TO INVESTIGATE AND RESOLVE CONSUMER COMPLAINTS AND DISPUTES AGAINST MORTGAGE COMPANIES; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1128.htm