2025 Regular SessionMississippi Legislature

HB1450: Small Loan Regulatory Law; authorize licensee to charge fee for nonrecording insurance in lieu of recording cost.

Legislative Summary

An Act To Amend Section 75-67-121, Mississippi Code Of 1972, To Authorize A Licensee Under The Small Loan Regulatory Law To Charge A Fee For The Purchase Of Nonfiling Or Nonrecording Insurance In Lieu Of The Actual Cost Of Recording An Instrument Executed As Security For A Loan; And For Related Purposes.

Demographic Impact

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Bill History

1/20/2025
Referred To Banking and Financial Services
House of Representatives
1/28/2025
Title Suff Do Pass Comm Sub
House of Representatives
2/11/2025
Committee Substitute Adopted
House of Representatives
2/11/2025
Passed
House of Representatives
2/12/2025
Transmitted To Senate
House of Representatives
2/17/2025
Referred To Business and Financial Institutions
Senate
3/3/2025
Title Suff Do Pass As Amended
Senate
3/12/2025
Amended
Senate
3/12/2025
Passed As Amended
Senate
3/13/2025
Returned For Concurrence
Senate
3/17/2025
Decline to Concur/Invite Conf
House of Representatives
3/18/2025
Conferees Named Aguirre,Boyd (37th),Hood
House of Representatives
3/20/2025
Conferees Named Polk,McMahan,Parks
Senate
3/31/2025
Died In Conference
House of Representatives

Amendments

Senate Committee Amendment No 1

Committee Amendment No 1

Not Adopted

Roll Call Votes

Senate Passed As Amended
3/12/2025
33
Yea
18
Nay
0
Not Voting
0
Absent
Result: PASSED
House Passed
2/11/2025
112
Yea
0
Nay
8
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Failed(3/31/2025)
Chamber
House of Representatives

Sponsors

Republican: 1

Primary Sponsor

Joey Hood
Joey Hood
Republican

Documents

Engrossed
Bill Text2/12/20258.1 KB
Comm Sub
Bill Text1/28/20258.1 KB
Introduced
Bill Text1/22/20257.4 KB