MS HB1265

Extends the repealer date of the Mississippi Debt Management Services Act from July 1, 2026 to July 1, 2030, allowing the regulatory framework for debt management service providers to continue operating

Maintains licensure requirements including a $750 initial application fee, $475 annual renewal fee, and a $50,000 surety bond for debt management service providers operating in Mississippi

Preserves consumer fee caps including a maximum $30 monthly maintenance fee, $75 one-time setup fee, and $50 bankruptcy consultation fee for services provided

Continues oversight authority of the Commissioner of Banking and Consumer Finance to examine licensees, investigate complaints, and impose civil penalties up to $500 per violation

Brings forward existing statutory provisions (Sections 81-22-1 through 81-22-28) without substantive changes for potential future amendment consideration