Bill Text | History of Actions | Background | Title |
Description: Finance charges; fees relating to loans from certain retirement plans not considered as.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
| 1 | 01/17 (H) Referred To Appropriations | |
| 2 | 01/27 (H) Title Suff Do Pass | |
| 3 | 02/02 (H) Passed | |
| 4 | 02/03 (H) Transmitted To Senate | |
| 5 | 02/08 (S) Referred To Finance | |
| 6 | 02/24 (S) Title Suff Do Pass | |
| 7 | 03/08 (S) Passed | |
| 8 | 03/09 (S) Transmitted To House | |
| 9 | 03/14 (H) Enrolled Bill Signed | |
| 10 | 03/14 (S) Enrolled Bill Signed | |
| 11 | 03/21 Approved by Governor |
| Effective date | Passage | |
| Disposition | Law | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority | |
| Chapter number | 425 |
House Committee:
Senate Committee:
Principal Author: Brown
Code Section: A 075-0017-0025
Title: AN ACT TO AMEND SECTION 75-17-25, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FEES FOR SETTING UP, ESTABLISHING, PROCESSING OR MAINTAINING A LOAN TO A PARTICIPANT FROM A TAX-QUALIFIED RETIREMENT PLAN THAT ARE PAID OR PAYABLE TO THE PLAN'S RECORD KEEPER OR THIRD PARTY ADMINISTRATOR SHALL NOT BE CONSIDERED TO BE A "FINANCE CHARGE"; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1471.htm