Pawnbrokers; provide precious metal retention requirements and revise fingerprinting requirements for.
SB 2725 updates Mississippi's pawnbroker regulations. It requires pawnbrokers to maintain precious metals, coins, and bullion on their premises for three business days if they share transaction records electronically or via computer disc within 72 hours of the transaction (otherwise, 21 days); for other items, the holding period is 14 days under the same condition (otherwise, 21 days). The bill also mandates fingerprinting and FBI background checks for initial licensing and every three years for renewal. These changes apply directly to licensed pawnbrokers operating in Mississippi.
Bill status
died
3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Feb 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Feb 10, 2026
Last action Mar 3, 2026
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What changed between versions
Committee Substitute
→
Current version
·
1 edit
MINOR
The bill title was updated from 'Committee Substitute' to 'As Passed the Senate', indicating the bill has moved forward in the legislative process and reflects the version approved by the Senate committee. No substantive policy changes were made to the bill's content or requirements.
TECHNICAL
The bill's status label was changed from 'Committee Substitute' to 'As Passed the Senate', reflecting its progression through the legislative process. This is a procedural update rather than a policy change.
Floor votes · Senate Feb 9, 2026
How they voted
52–0
Passed
Total votes 52
Feb 9, 2026
D
Democratic18
100% Yea
R
Republican34
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
3
Feb 12, 2026
Committee
Referred To Business and Commerce
lower
Feb 10, 2026
Introduced
Transmitted To House
upper
Feb 9, 2026
Upper · Passed
Passed
upper
Feb 2, 2026
Upper · Passed
Title Suff Do Pass Comm Sub
upper
Jan 19, 2026
Committee
Referred To Business and Financial Institutions
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chad McMahan
RRepublican
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