SB 2725 Mississippi Senate · 2026 Regular Session

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
Maddy AI version diff · 2 comparisons

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

520
Passed
Total votes 52
Feb 9, 2026
D Democratic18
18 Yea
100% Yea
R Republican34
34 Yea
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
Photo of Chad McMahan
Chad McMahan
RRepublican
MS
6