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HB1477Introduced in the House

Safe deposit boxes; provide escheatment process for.

Failed

Introduced by Shane Aguirre, District 17

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act To Provide For A Safe Deposit Box Escheatment Process; To Require Banks And Financial Organizations To Provide Certain Notice To Persons Who Have Not Paid Rent For Their Safe Deposit Boxes; To Authorize Such Banks And Financial Organizations To Open The Safe Deposit Box After Proper Notice; To Authorize The State Treasurer To Receive Contents From The Abandoned Safe Deposit Box And Sell The Contents At Public Auction; To Amend Section 89-12-3, Mississippi Code Of 1972, To Define "last Known Address" And "lawful Charges" For The Purposes Of This Act; To Amend Sections 89-12-5, 89-12-11, 89-12-17, 89-12-30, 89-12-31 And 7-7-42, Mississippi Code Of 1972, To Modernize Certain Provisions Relating To Abandoned And Unclaimed Property Under The Uniform Disposition Of Unclaimed Property Act; To Bring Forward Section 81-5-64, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.

Where it stands

Died On Calendar

March 11, 2026

How did lawmakers vote?

HouseStage: House Passed · February 10, 2026

93

Yes

15

No

14

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

Bill history

  1. Referred To Banking and Financial Services

  2. Title Suff Do Pass Comm Sub

  3. Committee Substitute Adopted

  4. Passed

  5. Transmitted To Senate

  6. Referred To Business and Financial Institutions

  7. Title Suff Do Pass As Amended

  8. Died On Calendar

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