Banking and Financial Services

2019 Regular Session

Banking and Financial Services

Bill Number Bill Description Bill Status
HB 414
Not Rated
Automated consumer electronic device purchasing machines; prohibit in the state. Dead
Analysis:
HB 452
Not Rated
Credit reports; prohibit release of information unless authorized by the consumer. Dead
Analysis:
HB 502
Not Rated
Public employees; exempt from bad check fees caused by error in direct deposit made by their employer or retirement system. Dead
Analysis:
HB 800
Bad Policy
MS Debt Management Services Act; extend repealer on. Alive
Analysis: This bill increases the costs of managing debt services and increases the costs of regulators overseeing the industry. The State should seek to reduce costly taxes and regulations on businesses, not limit contracts and willing business opportunities through licensing, regulations, and taxation or fees.
HB 849
Not Rated
Mortgages and deeds of trust; require that the loan amount and maturity date be included for those that are to be recorded. Dead
Analysis:
HB 937
Bad Policy
Commissioner of Banking and Consumer Finance; provide for salary of. Dead
Analysis: This bill removes the power of the legislature to fix the salary of the commissioner and deputy commissioner.
HB 1230
Bad Policy
Trust fund; authorize hospitals to maintain fund consisting of commingled funds of other governmental hospitals for expenses. Dead
Analysis: This bill authorizes hospitals, counties, cities, towns, supervisors districts, or election districts or combinations thereof which own a hospital to gamble in the market with hospital funds. The State should seek to reduce costly taxes and regulations on healthcare, not take risks with hospital money.
HB 1328
Bad Policy
Financial institutions; authorize to delay completion of transaction if it may result in exploitation of certain persons. Dead
Analysis: This bill seeks to protect vulnerable people from being scammed by allowing bank employees to put a hold on withdrawals for 15 days based on good faith. While well intentioned, banks should not stop anyone from accessing their money by a simple statement of good faith.
HB 1436
Not Rated
Pawnbrokers, title pledge lenders; reduce maximum rate of interest that they may charge for their services. Dead
Analysis:
HB 1506
Not Rated
Retail businesses; those that accept credit cards for payment shall have cameras to record persons using the cards. Dead
Analysis:
HB 1514
Good Policy
Surveying; revise definition of to exclude certain activities. Dead
Analysis: This bill relaxes regulations for surveying by clarifying that work is not surveying if the work is not intended to indicate the authoritative location of property boundaries, the precise definition of the shape or contour of the earth, or the precise location of fixed works of humans. The state should enforce contracts and rights, not limit contracts and willing business opportunities through licensing and regulations
SB 2441
Bad Policy
MS Debt Management Services Act; extend repealer on. Dead
Analysis: This bill extends a repealer allowing for the state to control the private debt market. The state should enforce contracts and rights, not limit contracts and willing business opportunities through licensing and regulations.
SB 2451
Bad Policy
Appraisal management companies; extend repealer on statute requiring the registration of. Alive
Analysis: This bill extends a repealer allowing for the state to control the real estate appraisal market. The state should enforce contracts and rights, not limit contracts and willing business opportunities through licensing and regulations
SB 2697
Bad Policy
Real estate appraisers; revise provisions regarding licensure requirements and national registry fee. Alive
Analysis: This bill adds additional regulations for occupational licensing boards. The state should enforce contracts and rights, not limit contracts and willing business opportunities through licensing, taxation, and regulations
SB 2774
Not Rated
Commissioner of Banking; salaries of the Commissioner and Deputy shall be fixed by the State Personnel Board. Dead
Analysis:
SB 2817
Neutral
Banks; clarify parity provisions by renumbering existing subsection. Alive
Analysis:
SB 2869
Neutral
Appraisal management companies; reduce the number of days by which an independent contract appraiser must be paid for appraisal services. Alive
Analysis: "Each appraisal management company doing business in this state shall certify to the commission on an annual basis that it has a system in place requiring payment to an independent contract appraiser for the completion of an appraisal service within 30 days." Currently, independent appraisers are paid within 60 days. The state should enforce contracts, not limit and regulate willing business opportunities.
KEY: * = Amended % = 3/5ths Vote Required V = Vetoed
  $ = Revenue @ = Exempted From Deadline P = Partially Vetoed