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Bill > HB3090


MO HB3090

MO HB3090
Modifies provisions for funds reverting to the general revenue


summary

Introduced
01/22/2026
In Committee
03/03/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Modifies provisions for funds reverting to the general revenue

AI Summary

This bill modifies provisions related to funds that revert to the general revenue, which is the state's main operating fund. Specifically, it repeals and reenacts several sections of Missouri law to adjust how certain dedicated funds are managed. For example, the "Workers Memorial Fund" will no longer have its unspent money automatically revert to general revenue, and interest earned will stay within the fund. A new section, 33.082, is added to require the State Treasurer to report annually on funds that haven't had disbursements in five years and whether their remaining balances have reverted to general revenue. The bill also makes changes to how funds like the "State Document Preservation Fund," the "Arrow Rock State Historic Site Endowment Fund," and the "Missouri Dairy Industry Revitalization Fund" handle unexpended balances, generally preventing them from reverting to general revenue unless specifically stated, as is the case for the Confederate Memorial Park endowment fund which will transfer remaining moneys to general revenue by June 30, 2027. Other funds affected include the "Coordinating Board for Early Childhood Fund," the "Apple Merchandising Fund," the "Agricultural Product Utilization and Business Development Loan Guarantee Fund," and the "Manufactured Housing Consumer Recovery Fund," with provisions to keep their balances from reverting to general revenue, though some have specific limitations on their total amounts or transfer back to other funds.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

HCS Reported Do Pass (H) - AYES: 7 NOES: 0 PRESENT: 0 (on 03/03/2026)

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