Bill
Bill > SB2007
MS SB2007
MS SB2007MS Dept. of Banking and Consumer Finance; delete repealer authorizing periodic joint-bank exams with the Federal Reserve.
summary
Introduced
01/06/2026
01/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
02/04/2026
02/04/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act To Amend Section 81-1-81, Mississippi Code Of 1972, To Delete The Repealer On The Authority Of The Mississippi Department Of Banking And Consumer Finance To Conduct Periodic Joint-bank Examinations With The Federal Reserve; And For Related Purposes.
AI Summary
This bill extends the authority of the Mississippi Department of Banking and Consumer Finance to conduct periodic joint bank examinations with the Federal Reserve. Specifically, it removes a sunset provision that would have ended this joint examination authority on July 1, 2026, pushing the repeal date to July 1, 2030, meaning the department can continue to collaborate with the Federal Reserve on examining certain bank holding companies, particularly those with significant assets, for an additional four years.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred To Banking and Financial Services (on 02/06/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2007.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2001-2099/SB2007PS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2001-2099/SB2007CS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2001-2099/SB2007IN.htm |
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