MS HB1127 | 2022 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 1 2022 - 100% progression
Action: 2022-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on February 1 2022 - 100% progression
Action: 2022-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Section 11-53-81, Mississippi Code Of 1972, To Define The Term "open Account"; To Provide That An Open Account Invoice Or Itemized Statement Of The Account May Or May Not Include Written Terms Of Sale; To Provide That Such Provisions Of Law Shall Not Apply To Retail Sales Installment Contracts That Are Assigned To Lenders Who Are Licensed Under The Small Loan Privilege Tax Law; To Bring Forward Section 11-53-67, Which Relates To Certain Fees And Costs, For Purposes Of Possible Amendment; And For Related Purposes.
Title
Open account; define and prohibit certain provisions of law from applying to retail sales installment contracts.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-01 | House | Died In Committee |
| 2022-01-17 | House | Referred To Banking and Financial Services |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 53 | 67 | New Code | See Bill Text |
| 11 | 53 | 81 | Amended Code | See Bill Text |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2022/pdf/history/HB/HB1127.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2022/html/HB/1100-1199/HB1127IN.htm |
