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MS HB1226

MS HB1226
False pretenses; increase service charge for dishonored check, draft, order or electronically converted check.


summary

Introduced
01/19/2026
In Committee
01/19/2026
Crossed Over
Passed
Dead
02/03/2026

Introduced Session

2026 Regular Session

Bill Summary

An Act To Amend Section 97-19-57, Mississippi Code Of 1972, To Revise The Amount Of The Service Charge For A Check, Draft, Order, Or Electronically Converted Check That Has Been Dishonored; And For Related Purposes.

AI Summary

This bill amends Mississippi law to increase the service charge for a dishonored check, draft, order, or electronically converted check, which is a payment method that has been processed electronically. Specifically, for certain notices sent to individuals who have issued a dishonored check, draft, or order, the bill increases the allowable service charge from $40 to $100. This change is intended to provide a greater financial recourse for the payee when a payment is not honored by the bank, and it will take effect on July 1, 2026.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Died In Committee (on 02/03/2026)

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