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SB 2738

Mississippi Senate bill in Session 2026.

Status: failed. Latest action: February 3, 2026.

Service charge; increase for certain payments refused due to insufficient funds from $40 to $100.

Bill ID MS-2026-SB-2738
Session 2026
Status failed
Committee Business and Financial Institutions
Senate failed 2026-02-03
Business / Commerce
Summary

AN ACT TO AMEND SECTION 97-19-57, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $40.00 TO $100.00 THE SERVICE CHARGE FOR THE MAKING, DRAWING, ISSUING, UTTERING, DELIVERING, OR INITIATION OF A CHECK, DRAFT, ORDER, ELECTRONICALLY CONVERTED CHECK, OR ELECTRONIC COMMERCIAL DEBIT PAYMENT OF WHICH IS REFUSED BY THE DRAWEE DUE TO INSUFFICIENT FUNDS IN OR ON DEPOSIT WITH SUCH BANK, CORPORATION, FIRM OR PERSON; AND FOR RELATED PURPOSES.

Sponsor
Chad McMahan
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-19 Introduced Bill introduced
2026-02-03 Status failed
2026-02-03 Latest Action (S) Died In Committee
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