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MO HB2146

MO HB2146
Modifies provisions relating to the operation of, and investment of moneys by, certain hospitals


summary

Introduced
01/07/2026
In Committee
02/12/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Modifies provisions relating to the operation of, and investment of moneys by, certain hospitals

AI Summary

This bill modifies investment and operational provisions for certain hospitals and hospital districts in Missouri. Specifically, it increases the allowed investment percentage from 25% to 50% for hospital funds not needed for immediate use, and expands the types of investments hospitals can make, including mutual funds investing in stocks, bonds, or real estate, bonds with high ratings and short maturities, and money-market investments. The bill also clarifies that these investment provisions only apply to hospitals that receive less than 3% (previously 1%) of their annual revenues from municipal, county, state taxes, or appropriated funds. Additionally, the bill provides hospitals and hospital districts with more flexibility in purchasing, operating, or leasing related facilities, though with some restrictions in certain county classifications. The changes aim to give hospitals more financial management options while maintaining reasonable constraints on their investment and expansion activities. The bill repeals and replaces sections 96.192, 96.196, and 206.110 of the Missouri Revised Statutes and adds a new section 206.158 to codify these modifications.

Committee Categories

Government Affairs, Health and Social Services

Sponsors (1)

Last Action

Placed on the Informal Perfection Calendar (H) (on 02/24/2026)

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