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MS HB530
Bill
Status
1/30/2018
Primary Sponsor
Alyce Clarke
Click for details
AI Summary
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Prohibits title pledge lenders from locating offices within a 5-mile radius of any public or private postsecondary institution campus beginning June 1, 2018.
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Prohibits check cashing businesses from locating offices within a 5-mile radius of any public or private postsecondary institution campus beginning September 1, 2018.
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Requires that existing licenses for title pledge offices and check cashing businesses in violation of the distance restrictions shall not be renewed.
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Amends Section 75-67-419 (title pledge lenders) and Section 75-67-505 (check cashing businesses) of the Mississippi Code of 1972.
Legislative Description
Title pledge and check cashing businesses; prohibit from being located within five miles of postsecondary institution.
Last Action
Died In Committee
1/30/2018