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MS HB1102

Bill

Status

Passed

4/20/2024

Primary Sponsor

Angela Cockerham

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Allows the Department of Human Services to send notice of asset encumbrance via communication methods approved by financial institutions instead of requiring certified mail only.

  • Revises the definition of "account" to include demand accounts, member accounts, time certificates of deposit, and share accounts held individually or jointly, conforming to Section 85-13-1(F).

  • Maintains existing provisions allowing DHS to encumber and seize assets of obligors owing past-due child support for either 45 days or until the support issue is resolved if the obligor files a petition for hearing.

  • Provides financial institutions absolute immunity from civil liability for disclosing information or encumbering assets in good faith compliance with the law, unless disclosure is willful or intentional.

  • Takes effect July 1, 2024.

Legislative Description

DHS; authorize to use communication approved by financial institution for encumbrances.

Last Action

Approved by Governor

4/20/2024

Committee Referrals

Judiciary, Division A3/22/2024
Banking and Financial Services2/9/2024

Full Bill Text

No bill text available