MS HB1318

Prohibits banks, credit unions, savings and loan associations, insurance companies, and similar lending entities from denying residential real estate loans or financial assistance based on race, color, national origin, ancestry, sex, handicap, familial status, age, or religion.

Prohibits discrimination in the fixing of loan terms including amount, interest rate, duration, or other conditions based on the protected characteristics listed above.

Applies to loans for purchasing, constructing, improving, repairing, or maintaining residential dwellings.

Effective July 1, 2020.