Mississippi State Senator

Chad Mcmahan 2026 Regular Session - Authored & Sponsored Legislation

Legislative Session

co_author of Legislation

MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2483

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
Engrossed
2/5/26  
Refer
2/6/26  
AN ACT TO ENACT THE "J.P. WILEMON, JR., FINANCIAL LITERACY ACT"; TO REQUIRE THE STATE BOARD OF EDUCATION TO INCORPORATE FINANCIAL LITERACY COMPONENTS WITHIN THE EXISTING CURRICULUM TO BE TAUGHT IN GRADES 6-8 BEGINNING IN THE 2027-2028 SCHOOL YEAR; TO REQUIRE SUCCESSFUL PASSAGE OF THE STAND-ALONE ONE-HALF CARNEGIE UNIT PERSONAL FINANCE COURSE OR A FULL CARNEGIE UNIT COURSE WHERE AT LEAST ONE-HALF OF THE COURSE STANDARDS CONCERN FINANCIAL LITERACY AS A GRADUATION REQUIREMENT; TO AMEND SECTION 37-7-301, MISSISSIPPI CODE OF 1972, TO CONFORM, AND TO SET CERTAIN TOPICS THAT SHALL BE REQUIRED FOR THE FINANCIAL LITERACY PROGRAM; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2479

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
Engrossed
2/10/26  
Refer
2/16/26  
AN ACT TO ENACT THE "CREATING TRANSPARENCY AND ACCOUNTABILITY IN DENTAL SERVICES ACT"; TO PROVIDE DEFINITIONS; TO PROVIDE FOR TRANSPARENCY OF DENTAL PATIENT PREMIUM EXPENDITURES AND ANNUAL REPORTING; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2191

Filed/Introduced
 
Introduced
1/13/26  
Refer
1/13/26  
Engrossed
2/4/26  
Refer
2/6/26  
AN ACT TO AMEND SECTION 27-67-35, MISSISSIPPI CODE OF 1972, TO REVISE THE PURPOSES FOR WHICH SPECIAL FUND MONIES FROM USE TAX REVENUE DISTRIBUTIONS TO MUNICIPALITIES MAY BE EXPENDED; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2242

Filed/Introduced
 
Introduced
1/14/26  
Refer
1/14/26  
Engrossed
2/5/26  
Refer
2/16/26  
AN ACT TO ENACT THE "MISSISSIPPI MATH ACT" ESTABLISHING THE MOVING MATHEMATICS IN MISSISSIPPI (M3) PROGRAM WITHIN THE STATE DEPARTMENT OF EDUCATION; TO SET FORTH FINDINGS, PURPOSES, DEFINITIONS AND PROGRAM COMPONENTS; TO AUTHORIZE K-12 MATHEMATICS COACHING AND SUPPORTS, K-5 MATHEMATICS SCREENING AND INTERVENTIONS, AN ALGEBRA-READINESS INDICATOR BASED ON THE GRADE 5 STATEWIDE MATHEMATICS ASSESSMENT SCALE SCORE, AND PROFESSIONAL DEVELOPMENT FOR GRADES K-1, 2-6 AND 7-12; TO PROVIDE FOR ADMINISTRATION, RULEMAKING, DATA PROTECTIONS, REPORTING, EVALUATION AND DISTRICT PARTICIPATION; TO CREATE THE MOVING MATHEMATICS IN MISSISSIPPI FUND; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2272

Filed/Introduced
8/9/26  
Introduced
1/14/26  
Refer
1/14/26  
Engrossed
2/9/26  
Refer
2/13/26  
AN ACT TO AMEND SECTIONS 27-65-17 AND 27-65-103, MISSISSIPPI CODE OF 1972, TO EXEMPT FROM THE STATE SALES TAX RETAIL SALES OF CERTAIN AGRICULTURAL AND LOGGING ITEMS FORMERLY TAXED AT THE RATE OF 1.5%; TO EXEMPT FROM THE STATE SALES TAX RETAIL SALES OF LIVESTOCK FENCING MATERIALS AND AGRICULTURAL LIME, WHEN MADE TO COMMERCIAL FARMERS FOR AGRICULTURAL PURPOSES; TO DIRECT THE DEPARTMENT OF REVENUE TO ESTABLISH AN APPLICATION PROCESS FOR A COMMERCIAL FARMER'S PERMIT TO BE ISSUED; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2579

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT MAKING AN APPROPRIATION FROM THE SMALL MUNICIPALITIES FEDERAL MATCH FUND TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION FOR THE PURPOSE OF DISBURSING FUNDS TO SMALL MUNICIPALITIES WHICH RECEIVE DISCRETIONARY FEDERAL FUNDS, FOR THE PERIOD BEGINNING ON JULY 1, 2026, AND ENDING JUNE 30, 2027; TO PROVIDE THE INTENT OF THE LEGISLATURE TO USE THE FUNDS APPROPRIATED IN THE ACT AS MATCHING FUNDS TO DRAW DOWN FEDERAL FUNDS FOR CERTAIN MUNICIPALITIES; TO REQUIRE THE DEPARTMENT TO SET A MATCH RATE OF TWENTY PERCENT (20%) LOCAL FUNDS CONTRIBUTED BY THE SMALL MUNICIPALITY TO EIGHTY PERCENT (80%) FEDERAL FUNDS RECEIVED.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2578

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
Engrossed
2/11/26  
Refer
2/16/26  
Enrolled
3/12/26  
AN ACT TO CREATE THE SMALL MUNICIPALITIES FEDERAL MATCH FUND AS A SPECIAL FUND IN THE STATE TREASURY FOR THE PURPOSE OF PROVIDING MATCHING FUNDS TO SMALL COMMUNITIES THROUGHOUT MISSISSIPPI WHICH RECEIVE DISCRETIONARY FEDERAL FUNDS; TO PROVIDE THAT THE MONIES DISBURSED FROM THE FUND SHALL BE MATCHING FUNDS USED TO DRAW DOWN FEDERAL FUNDS FOR CERTAIN MUNICIPALITIES; TO REQUIRE THAT MONIES DISBURSED FROM THE FUND SHALL BE AT A SET MATCH RATE OF TWENTY PERCENT (20%) IN ANY COMBINATION OF EITHER STATE OR LOCAL FUNDS CONTRIBUTED BY THE SMALL MUNICIPALITY TO EIGHTY PERCENT (80%) FEDERAL FUNDS RECEIVED; TO PROVIDE THAT MONIES APPROPRIATED OUT OF THE FUND MAY BE USED TO REIMBURSE ACTUAL OVERSIGHT COSTS INCURRED BY THE DEPARTMENT OF FINANCE AND ADMINISTRATION UP TO A CERTAIN AMOUNT; TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO FILE A REPORT ON THE FUND TO CERTAIN PUBLIC OFFICIALS; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2632

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
Engrossed
2/12/26  
Refer
2/16/26  
Enrolled
3/16/26  
Vetoed
3/23/26  
Refer
3/24/26  
AN ACT TO ENACT THE LOCAL GOVERNMENTS DISASTER RECOVERY EMERGENCY LOAN PROGRAM ACT; TO DEFINE TERMS; TO ESTABLISH THE LOCAL GOVERNMENT DISASTER RECOVERY EMERGENCY LOAN PROGRAM TO BE ADMINISTERED BY THE MISSISSIPPI EMERGENCY MANAGEMENT AGENCY FOR THE PURPOSE OF ASSISTING LOCAL GOVERNMENTS IN RECOVERING FROM CERTAIN FEDERALLY DECLARED DISASTERS BY ISSUING LOANS TO LOCAL GOVERNMENTS; TO PROVIDE THAT NO LOAN SHALL BE ISSUED UNDER THE AUTHORITY OF THIS ACT AFTER A CERTAIN DATE; TO SET FORTH THE POWERS AND DUTIES OF THE MISSISSIPPI EMERGENCY MANAGEMENT AGENCY IN ADMINISTERING THIS ACT; TO ALLOW THE MISSISSIPPI EMERGENCY MANAGEMENT AGENCY TO AUTHORIZE AN ADMINISTRATOR TO CARRY OUT ANY OR ALL OF THE POWERS AND DUTIES ENUMERATED IN THIS ACT; TO EXEMPT THE MISSISSIPPI EMERGENCY MANAGEMENT AGENCY FROM ANY REQUIREMENT THAT THE PUBLIC PROCUREMENT REVIEW BOARD APPROVE ANY PERSONAL OR PROFESSIONAL SERVICES CONTRACTS OR PRE-APPROVE ANY SOLICITATION OF SUCH CONTRACTS FOR PURPOSES OF THIS ACT; TO CREATE A SPECIAL FUND IN THE STATE TREASURY TO BE DESIGNATED AS THE "LOCAL GOVERNMENTS DISASTER RECOVERY EMERGENCY LOAN FUND"; TO REQUIRE EACH RECIPIENT OF A LOAN UNDER THE PROGRAM TO ESTABLISH A DEDICATED SOURCE OF REVENUE FOR REPAYMENT OF THE LOAN IN THE EVENT THAT THE FEDERAL EMERGENCY MANAGEMENT AGENCY DECLINES TO REIMBURSE AN EXPENDITURE FOR WHICH LOAN PROCEEDS WERE USED; TO PROVIDE THAT THE EXECUTED LOAN AGREEMENT WILL OBLIGATE THE LOCAL GOVERNMENT TO REPAY THE PROCEEDS OF THE LOAN IMMEDIATELY UPON RECEIPT OF REIMBURSEMENTS FROM THE FEDERAL EMERGENCY MANAGEMENT AGENCY; TO PROVIDE THAT THE LOAN AGREEMENT SHALL PROVIDE FOR THE REPAYMENT OF ALL FUNDS RECEIVED FROM THE EMERGENCY FUND WITHIN NOT MORE THAN TWO YEARS FROM THE DATE THAT THE FEDERAL EMERGENCY MANAGEMENT AGENCY DECLINED TO REIMBURSE FOR AN EXPENDITURE FOR WHICH LOAN PROCEEDS WERE USED; TO REQUIRE A RECIPIENT LOCAL GOVERNMENT TO PLEDGE ITS SALES TAX REVENUE DISTRIBUTION OR ITS HOMESTEAD EXEMPTION ANNUAL TAX LOSS REIMBURSEMENT, AS THE CASE MAY BE, TO MEET THE REPAYMENT SCHEDULE CONTAINED IN THE LOAN AGREEMENT IN THE EVENT THAT THE FEDERAL EMERGENCY MANAGEMENT AGENCY DECLINES TO REIMBURSE AN EXPENDITURE FOR WHICH LOAN PROCEEDS WERE USED; TO AMEND SECTION 27-104-7, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY PERSONAL OR PROFESSIONAL SERVICE CONTRACTS ENTERED INTO BY THE MISSISSIPPI EMERGENCY MANAGEMENT AGENCY UNDER THIS ACT ARE EXEMPT FROM APPROVAL BY THE PUBLIC PROCUREMENT REVIEW BOARD; AND FOR RELATED PURPOSES.

primary_author of Legislation

MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2494

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
Engrossed
2/5/26  
Refer
2/6/26  
AN ACT TO AMEND SECTION 37-7-345, MISSISSIPPI CODE OF 1972, TO SPECIFY THAT A REGIONAL EDUCATIONAL SERVICE AGENCY MAY ENGAGE IN BULK PURCHASING; TO REQUIRE THAT ALL SERVICES BE COMPETITIVELY BID; TO REQUIRE A REQUEST FOR PROPOSALS IN THE CASE OF PURCHASES OVER THE HIGHEST THRESHOLD; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2295

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO REQUIRE THAT THE JOINT LEGISLATIVE COMMITTEE ON PERFORMANCE EVALUATION AND EXPENDITURE REVIEW (PEER) PREPARE A REPORT ON SCHOOL DISTRICT IMPLEMENTATION OF EFFICIENCY MEASURES RECOMMENDED BY PEER, TO BE SUBMITTED TO THE LEGISLATURE BY DECEMBER 31, 2026; TO AMEND SECTION 37-3-5, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT THE DEPARTMENT OF EDUCATION PROVIDE CONSULTING TO SCHOOL DISTRICTS REGARDING THE EFFICIENT USE OF TECHNOLOGY AND THE CREATION OF DISASTER RECOVERY PLANS; TO AMEND SECTION 37-13-137, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT THE DEPARTMENT PROVIDE CONSULTING TO SCHOOL DISTRICTS REGARDING NUTRITIONAL PROGRAMS; TO AMEND SECTION 37-37-1, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT THE DEPARTMENT ANNUALLY REVIEW ITS ACCOUNTING MANUALS FOR SCHOOL DISTRICTS AND MAKE PROPOSED CHANGES TO ENSURE MORE PRECISE REPORTING OF DISTRICT ACCOUNTING FOR FUNDS BUDGETED AND EXPENDED; TO AMEND SECTION 37-41-13, MISSISSIPPI CODE OF 1972, TO REQUIRE THAT THE DEPARTMENT PROVIDE CONSULTING TO SCHOOL DISTRICTS REGARDING STUDENT TRANSPORTATION ROUTE PLANNING; TO AMEND SECTION 37-28-7, MISSISSIPPI CODE OF 1972, TO ESTABLISH STAGGERED TERMS OF OFFICE FOR THE MISSISSIPPI CHARTER SCHOOL AUTHORIZER BOARD; TO AMEND SECTION 37-28-11, MISSISSIPPI CODE OF 1972, TO ALLOW THE BOARD TO RECEIVE UP TO 3% OF ANNUAL PER-PUPIL ALLOCATIONS RECEIVED BY A CHARTER SCHOOL FROM STATE AND LOCAL FUNDS FOR EACH CHARTER SCHOOL IT AUTHORIZES; TO AMEND SECTION 37-151-211, MISSISSIPPI CODE OF 1972, TO REVISE THE ENROLLMENT FIGURES USED IN THE REQUIRED LOCAL CONTRIBUTION OF EACH SCHOOL DISTRICT OR CHARTER SCHOOL TOWARD THE COST OF LOCAL SCHOOL FUNDING; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2307

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO AMEND SECTION 75-57-5, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT THE PROVISIONS OF THE LIQUEFIED COMPRESSED GAS EQUIPMENT INSPECTION LAW IS APPLICABLE TO INSTALLERS OF SYSTEMS AND APPLIANCES FOR END-USE RESIDENTIAL AND COMMERCIAL CUSTOMERS; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2529

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO STATE LEGISLATIVE FINDINGS CONCERNING RARE DISEASES; TO PROVIDE THE PURPOSE OF THIS ACT; TO DEFINE TERMS; TO ESTABLISH THE RARE DISEASE TASK FORCE; TO PROVIDE FOR THE MEMBERSHIP OF THE TASK FORCE; TO PROVIDE THE POWERS AND DUTIES OF THE TASK FORCE; TO PROVIDE FOR MEETINGS OF THE TASK FORCE; TO PROVIDE FOR COORDINATION AND OVERSIGHT OF THE TASK FORCE; TO ESTABLISH REPORTING REQUIREMENTS; TO PROVIDE THAT THE MISSISSIPPI INSURANCE DEPARTMENT SHALL PROVIDE STAFF AND CLERICAL SUPPORT TO THE TASK FORCE; TO GRANT THE MISSISSIPPI INSURANCE DEPARTMENT RULEMAKING AUTHORITY; TO ESTABLISH INSURANCE COVERAGE INTEGRITY FOR RARE DISEASE THERAPIES; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2621

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO BE KNOWN AS THE CREATING LOGIC FOR EFFICIENCY AND ACCOUNTABILITY REFORM (CLEAR) ACT; TO CREATE NEW SECTION 5-3-77, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE PEER COMMITTEE TO ESTABLISH A PROGRAM OF REVIEWING SELECTED NEWLY ADOPTED STATE AGENCY ADMINISTRATIVE RULES; TO PROVIDE THAT SUCH REVIEWS SHALL PRODUCE A REPORT TO THE LEGISLATURE ON NEWLY ADOPTED STATE AGENCY ADMINISTRATIVE RULES AND THEIR CONFORMITY TO THE INTENT OF THE LAW AUTHORIZING THEM, AS WELL AS ANY OTHER MATTER THE COMMITTEE CONSIDERS APPROPRIATE; TO AMEND SECTION 43-13-117, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PEER COMMITTEE SHALL CONDUCT A PERFORMANCE EVALUATION OF THE MEDICAID NONEMERGENCY TRANSPORTATION PROGRAM ONCE EVERY THREE YEARS TO EVALUATE THE ADMINISTRATION OF THE PROGRAM AND THE PROVIDERS OF TRANSPORTATION SERVICES TO DETERMINE THE MOST COST-EFFECTIVE WAYS OF PROVIDING NONEMERGENCY TRANSPORTATION SERVICES TO THE PATIENTS SERVED UNDER THE PROGRAM; TO CREATE THE STATE BOARD OF HEALTH PROFESSIONS; TO PROVIDE THAT THE MEMBERS OF THE BOARD SHALL BE ONE MEMBER FROM THE BOARDS OF MEDICAL LICENSURE, PHARMACY, NURSING, CHIROPRACTIC EXAMINERS, DENTAL EXAMINERS AND OPTOMETRY, AND FIVE ADDITIONAL MEMBERS; TO PROVIDE THAT THE BOARD SHALL EVALUATE THE NEED FOR COORDINATION AMONG THE HEALTH REGULATORY BOARDS AND THEIR STAFFS, EVALUATE ALL HEALTH CARE PROFESSIONS AND OCCUPATIONS IN THE STATE AND CONSIDER WHETHER EACH SUCH PROFESSION OR OCCUPATION SHOULD BE REGULATED AND THE DEGREE OF REGULATION TO BE IMPOSED, SERVE AS A FORUM FOR RESOLVING CONFLICTS AMONG THE HEALTH REGULATORY BOARDS, ADVISE THE GOVERNOR AND THE LEGISLATURE ON MATTERS RELATING TO THE REGULATION OR DEREGULATION OF HEALTH CARE PROFESSIONS AND OCCUPATIONS, AND EXAMINE SCOPE OF PRACTICE CONFLICTS INVOLVING REGULATED AND UNREGULATED HEALTH CARE PROFESSIONS AND OCCUPATIONS AND ADVISE THE HEALTH REGULATORY BOARDS AND THE LEGISLATURE OF THE NATURE AND DEGREE OF SUCH CONFLICTS; TO PROVIDE THAT THE STATE DEPARTMENT OF HEALTH SHALL ANNUALLY REQUEST A BUDGET FOR THE STATE BOARD OF HEALTH PROFESSIONS AND SHALL PROVIDE A MEETING SPACE AND ADMINISTRATIVE SUPPORT FOR THE BOARD'S OPERATIONS; TO AMEND SECTION 47-5-579, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT ALL PROGRAM WITHHOLDINGS FROM PARTICIPANTS OF THE PRISON INDUSTRIES CORPORATION'S WORK INITIATIVE PROGRAM SHALL BE CALCULATED BASED UPON PARTICIPANT WAGES AFTER MANDATORY DEDUCTIONS; TO REQUIRE ACCOUNTING OF ANY DEPENDENT SUPPORT PAYMENTS, FINES, RESTITUTIONS, FEES OR COSTS, AS ORDERED BY THE COURT, BE REPORTED FOR EACH WORK INITIATIVE PARTICIPANT; TO REQUIRE THAT THE REMAINING SENTENCE LENGTH OF SUCH PARTICIPANT BE COLLECTED, MAINTAINED AND REPORTED; TO REQUIRE THAT A FINANCIAL ACCOUNT CREATION DATE BE COLLECTED, MAINTAINED AND REPORTED FOR EACH PARTICIPANT; TO AMEND SECTION 5-3-59, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR CRIMINAL PENALTIES FOR PERSONS WHO FAIL TO COMPLY WITH SUBPOENAS FROM THE PEER COMMITTEE; TO CREATE NEW SECTION 5-3-60, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR CIVIL ENFORCEMENT OF PEER COMMITTEE SUBPOENAS; TO AMEND SECTIONS 5-1-23 AND 5-1-25, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THESE PROVISIONS RELATING TO WITNESSES BEFORE LEGISLATIVE COMMITTEES ARE NOT APPLICABLE TO SUBPOENAS ISSUED BY THE PEER COMMITTEE; TO AMEND SECTION 5-1-35, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE SERGEANT-AT-ARMS OF THE SENATE SHALL SERVE PEER COMMITTEE SUBPOENAS UPON REQUEST; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2647

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO AMEND SECTION 25-7-21, MISSISSIPPI CODE OF 1972, TO RAISE THE RATE TO $3.00 FOR EACH SEPARATE PUBLICATION ADVERTISING LANDS FOR SALES TAXES; TO PROVIDE THAT THE RATE SHALL INCREASE EACH YEAR STARTING JULY 1, 2027, AT A RATE COMPARABLE TO THE CONSUMER PRICE INDEX; AND FOR RELATED PURPOSES.
MS

Mississippi 2026 Regular Session

Mississippi Senate Bill SB2738

Filed/Introduced
 
Introduced
1/19/26  
Refer
1/19/26  
AN ACT TO AMEND SECTION 97-19-57, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $40.00 TO $100.00 THE SERVICE CHARGE FOR THE MAKING, DRAWING, ISSUING, UTTERING, DELIVERING, OR INITIATION OF A CHECK, DRAFT, ORDER, ELECTRONICALLY CONVERTED CHECK, OR ELECTRONIC COMMERCIAL DEBIT PAYMENT OF WHICH IS REFUSED BY THE DRAWEE DUE TO INSUFFICIENT FUNDS IN OR ON DEPOSIT WITH SUCH BANK, CORPORATION, FIRM OR PERSON; AND FOR RELATED PURPOSES.