Loading chat...

MS HB530

Bill

Status

Failed

1/30/2018

Primary Sponsor

Alyce Clarke

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Prohibits title pledge lenders from locating offices within a 5-mile radius of any public or private postsecondary institution campus beginning June 1, 2018.

  • Prohibits check cashing businesses from locating offices within a 5-mile radius of any public or private postsecondary institution campus beginning September 1, 2018.

  • Requires that existing licenses for title pledge offices and check cashing businesses in violation of the distance restrictions shall not be renewed.

  • 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

Committee Referrals

Banking and Financial Services1/8/2018

Full Bill Text

No bill text available