HB761Introduced in the House
Pawnbrokers, title pledge lenders and check cashers; reduce maximum rate of interest that may be charged for services.
Introduced by Bob Evans, District 91
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 Amend Sections 75-67-313 And 75-67-413, Mississippi Code Of 1972, To Provide That The Maximum Amount That Pawnbrokers And Title Pledge Lenders May Charge For Their Services Shall Not Exceed An Annual Percentage Rate Of 25% Per Annum On The Amount Of The Principal Amount Advanced In The Transaction That Remains Unpaid; To Amend Section 75-67-519, Mississippi Code Of 1972, To Provide That The Maximum Amount That Check Cashers May Charge For Cashing A Delayed Deposit Check Shall Not Exceed An Annual Percentage Rate Of 25% On The Face Amount Of The Check; And For Related Purposes.
Where it stands
Died In Committee
February 3, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Referred To Banking and Financial Services
Died In Committee
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