HB1263Introduced in the House
Banks; modernize approval process for certain requirement related to.
Introduced by Shane Aguirre, District 17
What does this bill do?
Plain-English breakdown
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Official description
An Act To Amend Section 81-3-15, Mississippi Code Of 1972, To Provide That Renewals Or Amendments To A Charter Or Articles Of Incorporation Of Banking Corporations Shall Be Sent Directly To The Secretary Of State Upon Being Approved By The Commissioner And Do Not Require Approval From The Attorney General; To Amend Section 81-5-75, Mississippi Code Of 1972, To Authorize A Bank To Declare And Pay Dividends Not Inconsistent With The Bank's Articles Of Incorporation Or Bylaws; To Require Prior Written Approval Of The Commissioner Only When Certain Conditions Exist; To Amend Section 81-5-100, Mississippi Code Of 1972, To Provide That Prior Approval Of The Commissioner Is Not Required For A State Bank Or Thrift To Establish Or Decommission Electronic Terminals; To Create New Section 81-5-26, Mississippi Code Of 1972, To Authorize Investments By State Chartered Financial Institutions In Community And Economic Development Entities, Community Development Projects And Other Public Welfare Investments; To Amend Section 81-5-85, Mississippi Code Of 1972, To Conform To The Provisions Of This Act; And For Related Purposes.
Where it stands
Died In Committee
March 3, 2026
How did lawmakers vote?
HouseStage: House Passed As Amended · February 10, 2026
96
Yes
19
No
7
Absent or Not Voting
122 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Lester Carpenter | 1 | Yes |
| Brad Mattox | 2 | Yes |
| William Arnold | 3 | Yes |
| Jody Steverson | 4 | Not Voting |
| John Faulkner | 5 | No |
| Justin Keen | 6 | Yes |
| Kimberly Remak | 7 | Yes |
| John Lamar | 8 | Yes |
| Cedric Burnett | 9 | Yes |
| Josh Hawkins | 10 | Yes |
Bill history
Referred To Banking and Financial Services
Title Suff Do Pass As Amended
Amended
Passed As Amended
Transmitted To Senate
Referred To Business and Financial Institutions
Died In Committee
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