PRIA Logo™
MississippiHB 15962026 Regular SessionHouseWALLET

Money transmitters; require to implement certain data security measures and customer protections.

Sponsored By: Shane Aguirre (Republican)

Signed by Governor

Banking and Financial ServicesBusiness and Financial InstitutionsAccountability, Efficiency, Transparency

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Money transmitters train delegates on elder fraud

Starting July 1, 2026, money transmitters that use delegates must train them to spot and respond to suspected elder financial abuse. They must provide training materials by April 1 each year. New delegates must receive the materials within one month of appointment.

Money transmitters need delegate contracts

Starting July 1, 2026, money transmitters that use authorized delegates must have written contracts with them. The contracts must set out delegate duties and comply with the law. The contracts must be available to the state banking commissioner upon request.

Data security rules for money transfer customers

Starting July 1, 2026, Mississippi money transmitters must protect customer information through a written security program. The safeguards must fit the business and the information it handles. The state banking commissioner can examine transmitters and take enforcement action for violations. Transmitters that maintain information for fewer than 5,000 consumers are exempt from the program requirements.

Sponsors & Cosponsors

Sponsor

  • Shane Aguirre

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 317 • No: 0

House vote • 3/31/2026

Conference Report Adopted

Yes: 100 • No: 0 • Other: 12

Senate vote • 3/30/2026

Conference Report Adopted

Yes: 52 • No: 0

Senate vote • 3/10/2026

Passed As Amended

Yes: 52 • No: 0

House vote • 2/10/2026

Passed As Amended

Yes: 113 • No: 0 • Other: 1

Actions Timeline

  1. Approved by Governor

    4/8/2026legislature

  2. Enrolled Bill Signed

    4/6/2026Senate

  3. Enrolled Bill Signed

    4/2/2026House

  4. Conference Report Adopted

    3/31/2026House

  5. Conference Report Adopted

    3/30/2026Senate

  6. Conference Report Filed

    3/29/2026House

  7. Conference Report Filed

    3/29/2026Senate

  8. Conferees Named Johnson,Blackwell,Brumfield

    3/23/2026Senate

  9. Conferees Named Aguirre,Boyd (37th),Varner

    3/23/2026House

  10. Decline to Concur/Invite Conf

    3/17/2026House

  11. Returned For Concurrence

    3/11/2026Senate

  12. Passed As Amended

    3/10/2026Senate

  13. Amended

    3/10/2026Senate

  14. Title Suff Do Pass As Amended

    3/3/2026Senate

  15. DR - TSDPAA: BF To AC

    2/26/2026Senate

  16. Referred To Business and Financial Institutions;Accountability, Efficiency, Transparency

    2/19/2026Senate

  17. Transmitted To Senate

    2/12/2026House

  18. Passed As Amended

    2/10/2026House

  19. Amended

    2/10/2026House

  20. Title Suff Do Pass

    1/29/2026House

  21. Referred To Banking and Financial Services

    1/19/2026House

Bill Text

Related Bills

Back to State Legislation