Mississippi House Bill 1308 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 1 2022 - 100% progression
Action: 2022-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Amend Section 75-67-181, Mississippi Code Of 1972, To Authorize A Licensee To Contract And Charge A Monthly Finance Charge Of Thirty-six Percent Per Annum On The Unpaid Balance Of The Amount Financed On Loans Of More Than Four Thousand Dollars, But Not More Than Ten Thousand Dollars And To Contract And Charge A Monthly Finance Charge Of Twenty-one Percent Per Annum On The Unpaid Balance On The Amount Financed If The Loan Is More Than Ten Thousand Dollars, In Lieu Of Certain Interest And Charges; And For Related Purposes.

Finance charges; authorize to charge certain percentage rates based on amount of loan.

Rep. Shane Aguirre [R]

Date	Chamber	Action
2022-02-01	House	Died In Committee
2022-01-17	House	Referred To Banking and Financial Services

Chapter	Article	Section	Citation Type	Statute Text
75	67	181	Amended Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2022/pdf/history/HB/HB1308.xml
Text	https://billstatus.ls.state.ms.us/documents/2022/html/HB/1300-1399/HB1308IN.htm