MS HB1328 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on March 5 2019 - 100% progression
Action: 2019-03-05 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on March 5 2019 - 100% progression
Action: 2019-03-05 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
An Act To Authorize A Financial Institution To Delay The Completion Of A Financial Transaction, If The Institution Believes In Good Faith That A Requested Transaction May Result In, Or Be The Result Of, Exploitation Of An Eligible Person; To Provide That A Transaction Delay Will Expire Upon Either A Good Faith Determination By The Financial Institution That The Transaction Will Not Result In Exploitation, Or Fifteen Business Days, Unless The Department Of Human Services Or A Law Enforcement Authority Requests That The Financial Institution Extend The Delay; To Require The Financial Institution To Notify The Department Of Human Services And Authorize The Financial Institution To Notify Other Certain Individuals If A Transaction Is Delayed; To Limit The Liability Of A Financial Institution That Either Delays A Transaction Or Does Not Delay A Transaction; And For Related Purposes.
Title
Financial institutions; authorize to delay completion of transaction if it may result in exploitation of certain persons.
Sponsors
Roll Calls
2019-02-07 - House - House Passed (Y: 115 N: 2 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-03-05 | Senate | Died In Committee |
| 2019-02-26 | Senate | Referred To Business and Financial Institutions |
| 2019-02-08 | House | Transmitted To Senate |
| 2019-02-07 | House | Passed |
| 2019-02-05 | House | Title Suff Do Pass |
| 2019-01-21 | House | Referred To Banking and Financial Services |
