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MS HB54

Bill

Status

Failed

1/31/2017

Primary Sponsor

Alyce Clarke

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • Prohibits title pledge lenders from locating their offices within a 5-mile radius of any public or private postsecondary institution campus, effective June 1, 2017.

  • Existing title pledge office licenses will not be renewed if the business violates the 5-mile radius restriction.

  • Prohibits check cashing businesses from locating their offices within a 5-mile radius of any public or private postsecondary institution campus, effective September 1, 2017.

  • Existing check cashing business licenses will not be renewed if the business violates the 5-mile radius restriction.

Legislative Description

Title pledge and check cashing businesses; prohibit from being located within five miles of postsecondary institution.

Last Action

Died In Committee

1/31/2017

Committee Referrals

Banking and Financial Services1/3/2017

Full Bill Text

No bill text available