Bill > HB241

This bill modifies the law regarding the composition and appointment of directors for industrial development corporations (IDCs), specifically focusing on counties with a specific population classification. The bill creates a special provision for a county of the third classification with between 10,400 and 10,500 inhabitants, allowing its industrial development corporation board to be elected by townships rather than appointed by the county executive. Under this provision, each township in the county can elect one director, and directors must be local taxpayers who have resided in the county for at least one year. The bill also includes a transition clause stating that after August 28, 2025, the standard director appointment rules will replace the township election method. This means that after this date, directors will return to being appointed by the county's chief executive officer with the consent of the governing body, following the more typical industrial development corporation board selection process used in other counties. The changes appear to be specifically tailored to address unique governance considerations in Lewis County, Missouri, by providing a temporary alternative board selection method for its industrial development corporation.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB241&year=2025&code=R