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MS HB1274

Bill

Status

Failed

2/1/2022

Primary Sponsor

Earle Banks

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Arbitration clauses in contracts between sellers/providers and Mississippi citizens become nonbinding, allowing citizens to pursue all legal remedies in state courts regardless of arbitration provisions

  • Applies to contracts executed on or after July 1, 2022

  • Amends multiple sections of Mississippi Code including provisions governing arbitration agreements, Board of Trustees of State Institutions of Higher Learning international contracts, and Mississippi Transportation Commission construction contracts

  • Public contract bidders retain the right to refuse binding arbitration clauses and must state refusal on bid documents before contract execution

  • Arbitration provisions are waived if either party initiates litigation and the other party fails to assert arbitration as a defense before the answer deadline

Legislative Description

Arbitration clause; considered nonbinding in certain contracts.

Last Action

Died In Committee

2/1/2022

Committee Referrals

Judiciary A1/17/2022

Full Bill Text

No bill text available