Bill > HB943

This bill removes a sunset provision, meaning a date when a law would automatically expire, from a section of Mississippi law that allows the Commissioner of Banking and Consumer Finance to collaborate with the Federal Reserve Bank. Specifically, it deletes the repealer, which was set to expire on July 1, 2026, on the authority granted to the Commissioner to conduct joint examinations or issue joint reports with the Federal Reserve Bank concerning bank holding companies, which are companies that own or control banks, that have over one billion dollars in assets and own a Mississippi state-chartered bank. This change ensures that this collaborative examination authority will continue beyond the original expiration date, allowing for ongoing cooperation between state and federal regulators in overseeing these financial institutions.

Business and Industry

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0943.xml