Modifies provisions relating to the State Treasurer
This bill modifies the duties of the Missouri State Treasurer by updating how state funds are managed and invested. It allows the treasurer to hold a portion of state money in physical currency, which can be placed in interest-bearing accounts or minted into official coins if desired. The legislation also increases the limit on linked deposits to support various sectors, including farming, small businesses, and job creation projects, while setting specific caps for different types of loans. Additionally, the bill explicitly prohibits the state treasurer from accepting payments in central bank digital currency or participating in related tests by the Federal Reserve. These changes aim to provide more flexibility in investment options while restricting the state from engaging with specific forms of digital money.
Bill status
passed both
4 of 5 stages cleared
Introduction
Dec 2023
Committee Review
May 2024
Senate Passage
Mar 2024
House Passage
May 2024
Governor
Introduced Dec 1, 2023
Last action May 17, 2024
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
38
Key actions
23
Committee
16
Amendments
2
May 17, 2024
Introduced
S Bills with H Amendments
upper
May 14, 2024
Lower · Passed
H Third Read and Passed
lower
May 14, 2024
Lower · Passed
HCS, as amended, H adopted
lower
May 14, 2024
Lower · Passed
HA 5 to HCS H offered & adopted (Veit)--(3120H06.04H)
lower
May 14, 2024
Lower · Passed
HA 4 to HCS H offered & adopted (Black)--(3120H06.09H)
lower
May 14, 2024
Lower · Passed
HA 3 to HCS, as amended, H adopted --(3120H06.13H)
lower
May 14, 2024
Lower · Passed
HA 1 to HA 3 to HCS H offered & adopted (Knight)--(3120H06.20H)
lower
May 14, 2024
Lower · Passed
HA 2 to HCS H offered & adopted (O'Donnell)--(3120H06.01H)
lower
May 14, 2024
Lower · Passed
HA 1 to HCS H offered & adopted (Reedy)--(3120H06.12H)
lower
May 13, 2024
Lower · Passed
Reported Do Pass H Fiscal Review
lower
May 13, 2024
Lower · Passed
Voted Do Pass H Fiscal Review
lower
May 10, 2024
Committee
Referred H Fiscal Review
lower
May 10, 2024
Lower · Passed
Reported Do Pass H Rules - Legislative Oversight
lower
May 10, 2024
Lower · Passed
Voted Do Pass H Rules - Legislative Oversight
lower
May 9, 2024
Committee
Referred H Rules - Legislative Oversight
lower
May 9, 2024
Lower · Passed
HCS Reported Do Pass H Financial Institutions
lower
Apr 23, 2024
Lower · Passed
HCS Voted Do Pass H Financial Institutions
lower
Mar 28, 2024
Committee
Referred H Financial Institutions
lower
Mar 7, 2024
Upper · Passed
S Third Read and Passed
upper
Mar 4, 2024
Upper · Passed
Reported from S Fiscal Oversight Committee
upper
Mar 4, 2024
Upper · Passed
Voted Do Pass S Fiscal Oversight Committee
upper
Feb 28, 2024
Committee
Referred S Fiscal Oversight Committee
upper
Feb 28, 2024
Upper · Passed
Reported Truly Perfected S Rules, Joint Rules, Resolutions and Ethics Committee
upper
Feb 27, 2024
Introduced
Perfected, as amended
upper
Feb 27, 2024
Upper · Passed
SA 3 S offered & adopted (Brattin)--(3120S01.04S)
upper
Feb 27, 2024
Upper · Passed
SA 1 S offered & adopted (Eigel)--(3120S01.01S)
upper
Feb 26, 2024
Upper · Passed
Reported from S Insurance and Banking Committee
upper
Jan 23, 2024
Upper · Passed
Voted Do Pass S Insurance and Banking Committee
upper
Jan 17, 2024
Upper · Passed
Hearing Conducted S Insurance and Banking Committee
upper
Dec 1, 2023
Introduced
Prefiled
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sandy Crawford
RRepublican
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