Bill

Bill > HB1100


MO HB1100

Modifies provisions for the Missouri state surplus property clearing fund


summary

Introduced
01/28/2025
In Committee
04/17/2025
Crossed Over
Passed
Dead
05/16/2025

Introduced Session

2025 Regular Session

Bill Summary

Modifies provisions for the Missouri state surplus property clearing fund

AI Summary

This bill modifies the existing law regarding the Missouri State Surplus Property Clearing Fund by changing the language around how funds from surplus property sales are handled. Specifically, the bill replaces the word "shall" with "may" when describing the deposit of money from surplus property sales into the state treasury, which provides more discretionary flexibility for state administrators. The bill maintains that the fund will be administered by the commissioner of administration and that when appropriated, the funds can be used to cover the costs of conducting surplus property sales. Additionally, the bill continues the existing requirement that any funds received beyond the sale costs will be distributed to the original fund that purchased the item being sold. This change appears to provide more administrative flexibility while maintaining the core purpose of managing and accounting for surplus state property sales.

Committee Categories

Government Affairs, Justice

Sponsors (1)

Last Action

Reported Do Pass (H) - AYES: 10 NOES: 0 PRESENT: 0 (on 04/17/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...