MS SB2261

Authorizes the Department of Human Services to send notices to financial institutions via approved communication methods allowed by the institution, rather than requiring certified mail only.

Revises the definition of "account" to include money held individually or jointly, encompassing demand accounts, member accounts, time certificates of deposit, share accounts, checking accounts, savings accounts, time deposit accounts, and money-market mutual fund accounts.

Maintains existing provisions allowing the department to encumber and seize assets of obligors with past-due child support for a 45-day period or until court resolution if a hearing petition is filed.

Preserves liability protections for financial institutions acting in good faith to comply with department notices, except in cases of willful or intentional misconduct.

Takes effect July 1, 2024.