Mississippi HB547: Check cashers and MS Credit Availability licensees; authorize to pass credit/debit card fees to customers.

What the bill says

An act to amend section 75-67-517, mississippi code of 1972, to authorize a check cashing business to pass a third-party processing company's fees for the use of a debit or credit card on to the customer; to amend section 75-67-619, mississippi code of 1972, to authorize a licensee who is authorized to provide credit availability transactions to pass a third-party processing company's fees for the use of a debit or credit card on to the customer; and for related purposes.

From the enrolled text, March 10, 2026:

AN ACT TO AMEND SECTION 75-67-517, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A CHECK CASHING BUSINESS TO PASS A THIRD-PARTY PROCESSING COMPANY'S FEES FOR THE USE OF A DEBIT OR CREDIT CARD ON TO THE CUSTOMER; TO AMEND SECTION 75-67-619, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A LICENSEE WHO IS AUTHORIZED TO PROVIDE CREDIT AVAILABILITY TRANSACTIONS TO PASS A THIRD-PARTY PROCESSING COMPANY'S FEES FOR THE USE OF A DEBIT OR CREDIT CARD ON TO THE CUSTOMER; AND FOR RELATED PURPOSES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: SECTION 1. Section 75-67-517, Mississippi Code of 1972, is amended as follows: 75-67-517. (1) Except as otherwise provided in this section, notwithstanding any other provision of law, no check cashing business licensed under this article shall directly or indirectly charge or collect fees for check cashing services in excess of the following: (a) Three percent (3%) of the face amount of the check or Five Dollars ($5.00), whichever is greater, for checks issued by the federal government, state government, or any agency of the state or agency of the state or federal government, or any county or municipality of this state. *HR43/R949* H. B. No. 547 ~ OFFICIAL ~ G1/2 26/HR43/R949 PAGE 1 (ELS\KP) (b) Ten percent (10%) of the face amount of the check or Five Dollars ($5.00), …