HB 1597
Mississippi Fair Banking Standards Act; create.
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- Passed House
- Passed Senate
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- Became Law
Bill overview
An act to be known as the mississippi fair banking standards act; To declare the public policy of the state; To urge congress and the president to stop government from weaponizing financial institutions; To provide standards for fair access to financial services consistent with executive order 14331; To prohibit state regulators from coercing financial institutions into terminating customer accounts based on nonquantitative factors; To require the department of banking and consumer finance to review agency guidance; To create an administrative complaint process to resolve debanking complaints; And for related purposes.
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