2026
Regular Session
Money transmitters; require to implement certain data security measures and customer protections.
AN ACT TO REQUIRE A MONEY TRANSMITTER LICENSED UNDER THE MONEY TRANSMISSION MODERNIZATION ACT TO IMPLEMENT SAFEGUARDS TO PROTECT CUSTOMER INFORMATION AND INCREASE DATA SECURITY; TO REQUIRE A LICENSEE TO DESIGNATE A QUALIFIED INDIVIDUAL TO BE RESPONSIBLE FOR OVERSEEING, IMPLEMENTING AND ENFORCING AN INFORMATION SECURITY PROGRAM; TO PROVIDE THE MINIMUM STANDARDS AND REQUIREMENTS FOR THE INFORMATION SECURITY PROGRAM AND TO REQUIRE RISK ASSESSMENTS; TO REQUIRE NOTIFICATION TO THE COMMISSIONER OF BANKING AND CONSUMER FINANCE WHEN UNENCRYPTED CUSTOMER INFORMATION IS ACQUIRED WITHOUT THE AUTHORIZATION OF THE AFFECTED INDIVIDUAL; TO PROVIDE CERTAIN EXCEPTIONS; TO AMEND SECTION 75-16-11, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FUNDS COMING INTO THE POSSESSION OF THE COMMISSIONER AS A RESULT OF THE MONEY TRANSMISSION MODERNIZATION ACT SHALL BE DEPOSITED INTO THE CONSUMER FINANCE FUND; TO AMEND SECTIONS 75-16-25, 75-16-31 AND 75-16-43, MISSISSIPPI CODE OF 1972, TO REGULATE VIRTUAL CURRENCY KIOSKS UNDER THE PROVISIONS OF THE MONEY TRANSMISSION MODERNIZATION ACT; TO AMEND SECTION 75-16-51, MISSISSIPPI CODE OF 1972, TO REQUIRE A LICENSEE TO PROVIDE TRAINING MATERIALS TO HELP AUTHORIZED DELEGATES RECOGNIZE FINANCIAL ABUSE AND FINANCIAL EXPLOITATION OF AN ELDER ADULT AND RESPOND APPROPRIATELY IN SUCH SITUATIONS; TO AMEND SECTION 75-16-65, MISSISSIPPI CODE OF 1972, TO INCLUDE THE WORD "INVESTMENTS"; TO CREATE NEW SECTION 75-16-89, MISSISSIPPI CODE OF 1972, TO REQUIRE A LICENSEE TO PROVIDE CERTAIN INFORMATION TO THE PURCHASER IN CONNECTION WITH EACH MONEY TRANSMISSION OR KIOSK TRANSACTION CONDUCTED BY THE LICENSEE DIRECTLY OR THROUGH AN AUTHORIZED DELEGATE; AND FOR RELATED PURPOSES.
06/05/26 at 09:27
H
B
1596
House Bill 1596
HB 1596
H
Law
General Bill/Constitutional Amendment
No
Majority
July 1, 2026
461
Banking and Financial Services
F
../../House_cmtes/BB.xml
Business and Financial Institutions
F
../../Senate_cmtes/BF.xml
Accountability, Efficiency, Transparency
F
../../Senate_cmtes/AC.xml
Aguirre
../../House_authors/Aguirre.xml
A
../../code_sections/075/00160025.xml
A
../../code_sections/075/00160031.xml
A
../../code_sections/075/00160043.xml
A
../../code_sections/075/00160051.xml
A
../../code_sections/075/00160065.xml
1
01/19 (H) Referred To Banking and Financial Services
2
01/29 (H) Title Suff Do Pass
3
02/10 (H) Amended
4
02/10 (H) Passed As Amended
../../../../2026/pdf/votes/house/0360040.pdf
5
02/12 (H) Transmitted To Senate
6
02/19 (S) Referred To Business and Financial Institutions;Accountability, Efficiency, Transparency
7
02/26 (S) DR - TSDPAA: BF To AC
8
03/03 (S) Title Suff Do Pass As Amended
9
03/10 (S) Amended
10
03/10 (S) Passed As Amended
../../../../2026/pdf/votes/senate/0640028.pdf
11
03/11 (S) Returned For Concurrence
12
03/17 (H) Decline to Concur/Invite Conf
13
03/23 (H) Conferees Named Aguirre,Boyd (37th),Varner
14
03/23 (S) Conferees Named Johnson,Blackwell,Brumfield
15
03/29 (S) Conference Report Filed
16
03/29 (H) Conference Report Filed
17
03/30 (S) Conference Report Adopted
../../../../2026/pdf/votes/senate/0840030.pdf
18
03/31 (H) Conference Report Adopted
../../../../2026/pdf/votes/house/0850011.pdf
19
04/02 (H) Enrolled Bill Signed
20
04/06 (S) Enrolled Bill Signed
21
04/08 Approved by Governor
../../../../documents/2026/pdf/HB/1500-1599/HB1596SG.pdf
../../../../documents/2026/html/HB/1500-1599/HB1596SG.htm
../../../../documents/2026/pdf/HB/1500-1599/HB1596IN.pdf
../../../../documents/2026/dt/HB/1500-1599/HB1596IN.pdf
../../../../documents/2026/html/HB/1500-1599/HB1596IN.htm
../../../../documents/2026/pdf/HB/1500-1599/HB1596PS.pdf
../../../../documents/2026/dt/HB/1500-1599/HB1596PS.pdf
../../../../documents/2026/html/HB/1500-1599/HB1596PS.htm
../../../../documents/2026/pdf/HB/1500-1599/HB1596SG.pdf
../../../../documents/2026/html/HB/1500-1599/HB1596SG.htm
../../../../documents/2026/pdf/cr/HB1596CR.pdf
../../../../documents/2026/html/cr/HB1596CR.htm
Conference Report
Amendment Report for House Bill No. 1596
../../../../documents/2026/pdf/sam/Amendment_Report_for_HB1596.pdf
../../../../documents/2026/dt/sam/Amendment_Report_for_HB1596.pdf
../../../../../documents/2026/html/sam/Amendment_Report_for_HB1596.htm
Amendment No 1
Adopted
../../../../documents/2026/pdf/ham/HB1596_H_Amend_01.pdf
../../../../../documents/2026/html/ham/HB1596_H_Amend_01.htm
Voice Vote
Committee Amendment No 1
Adopted
../../../../documents/2026/pdf/sam/HB1596_S_Cmte_Amend_01.pdf
../../../../documents/2026/dt/sam/HB1596_S_Cmte_Amend_01.pdf
../../../../../documents/2026/html/sam/HB1596_S_Cmte_Amend_01.htm
Voice Vote
N
../../../../documents/2026/pdf/fiscalnotes/HB1596.pdf