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Bill Filing Ends in Missouri General Assembly

March 1 marked the final day to file bills in the Missouri General Assembly. Approximately 1,950 bills and resolutions are now filed for consideration in the Missouri House and Senate. Since filing began in December, HCUA has reviewed hundreds of bills to see what impact they may have on Missouri credit unions.  

HCUA is working in support of the following bills, due to the impact on credit unions:  

  • House Bill 215 – Sponsored by Representative Bruce DeGroot (R-101). Places additional consumer protections on the Property Assessed Clean Energy providers so they are regulated like other loan providers.
  • House Bill 599 – Sponsored by Representative Jack Bondon (R-56). Modifies provisions of law for banks and trust companies, savings and loans associations, and credit unions by removing requirements that certain applications and documents be in physical paper format with multiple copies. 

HCUA is also monitoring these bills for potential credit union impact:

  • Senate Bill 1 – Sponsored by Senator Kiki Curls (D-9). Expands offenses that are eligible for expungement under Missouri law. Some of the offenses expanded involve financial crimes. 
  • Senate Bill 209 – Sponsored by Senator Karla May (D-4). Prohibits the use of an employee or prospective employee’s credit score as a condition of employment. There is an exemption to persons employed or seeking employment in a position with fiduciary duties.
  • House Bill 277 – Sponsored by Senator Sandy Crawford (R-28). SB 277 requires the Family Support Divisions within the Department of Social Services to enter into an agreement with each financial institution within the state to develop and operate a match system for child support enforcement. 

If you have questions or concerns with any of these bills, please contact Ian Dunlap800.392.3074 x1343.