Mississippi Debt Management Services Act; delete repealer on.
HB 1265 extends the repeal date of Mississippi's Debt Management Services Act from 2025 to 2030. This delays when the entire law will expire, keeping the current regulations in effect for another five years. The bill directly affects debt management service providers operating in Mississippi who must comply with existing licensing and operational requirements under the Act. The key mechanism is simply changing the sunset date in Section 81-22-31 of the Mississippi Code, without altering the substance of the regulations.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2026
Committee Review
Feb 2026
House Passage
Mar 2026
Senate Passage
Mar 2026
Signed into Law
Mar 2026
Introduced Feb 11, 2026
Signed Mar 30, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
As Passed the lower
→
Current version
·
3 edits
MINOR
The bill was amended to repeal the section that scheduled the expiration of the Mississippi Debt Management Services Act, effectively extending its validity beyond the original July 1, 2026 date. Additionally, the text was cleaned up to remove redundant phrasing regarding credit report error corrections and formatting inconsistencies in the definitions and enforcement sections.
Scope change
The bill's scope regarding the lifespan of the Debt Management Services Act was extended by removing the specific repeal date, allowing the regulations to remain in effect indefinitely until further action is taken.
TIMELINE
Removed the specific repeal date of July 1, 2030, from the repealer section, thereby extending the operational life of the Debt Management Services Act.
TECHNICAL
Rephrased the definition of covered situations to remove redundant text about 'credit report error correction services,' streamlining the language without changing the legal meaning.
Corrected formatting and spacing inconsistencies in the definitions of 'Records' and 'Negative amortization' to improve readability.
Floor votes · Senate Mar 4, 2026 · House Feb 10, 2026
How they voted
50–0
Passed · 2 other
Total votes 52
Mar 4, 2026
D
Democratic18
94% Yea
R
Republican34
97% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
16
Key actions
8
Committee
4
Amendments
1
Mar 30, 2026
Signed into law
Approved by Governor
executive
Mar 18, 2026
Lower · Passed
Concurred in Amend From Senate
lower
Mar 5, 2026
Upper · Passed
Passed As Amended
upper
Mar 5, 2026
Upper · Passed
Amended
upper
Mar 4, 2026
Upper · Passed
Passed
upper
Feb 26, 2026
Upper · Passed
Title Suff Do Pass
upper
Feb 18, 2026
Committee
Referred To Business and Financial Institutions
upper
Feb 11, 2026
Introduced
Transmitted To Senate
lower
Feb 10, 2026
Lower · Passed
Passed
lower
Jan 29, 2026
Lower · Passed
Title Suff Do Pass
lower
Jan 19, 2026
Committee
Referred To Banking and Financial Services
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shane Aguirre
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1265
Scope: MS
Hi! I can help you understand HB 1265. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline