Check cashers and MS Credit Availability licensees; authorize to pass credit/debit card fees to customers.
HB 260 allows licensed check cashing businesses and credit availability licensees in Mississippi to pass third-party debit/credit card processing fees directly to customers. It requires clear, upfront disclosure of the fee amount, that it applies to alternative payment methods, and which specific payment types are affected. The bill does not change existing fee limits for check cashing services (like the 3% cap for government checks) but permits passing through the actual cost charged by payment processors. This affects businesses that handle cash transactions and customers using cards at these locations.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2025
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jan 10, 2025
Committee
Referred To Banking and Financial Services
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Hank Zuber
RRepublican
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