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MO HB1533

MO HB1533
Establishes provisions regarding businesses failing to pay arbitration fees


summary

Introduced
01/05/2022
In Committee
05/13/2022
Crossed Over
Passed
Dead
05/13/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT To amend chapter 435, RSMo, by adding thereto three new sections relating to the failure to pay arbitration fees.

AI Summary

This bill establishes provisions regarding businesses failing to pay arbitration fees. If a business that is required to pay certain fees and costs before an arbitration can proceed fails to do so within 30 days, the business is considered in material breach of the arbitration agreement and waives its right to compel arbitration. In such cases, the employee or consumer can either withdraw the claim from arbitration and proceed in court, or compel the business to continue the arbitration and pay the employee or consumer's reasonable attorney's fees and costs. If the employee or consumer proceeds in court, the court must impose sanctions on the business, which can include monetary sanctions, evidence sanctions, and terminating sanctions.

Committee Categories

Justice

Sponsors (1)

Last Action

Referred: Judiciary(H) (on 05/13/2022)

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