Rep. Sherri Gallick

Co-sponsor HB 1955

In committee · Missouri House · Co-sponsor

Modifies and creates new provisions related to the regulation and treatment of certain state financial instruments

Maddy summaryHB 1955 updates Missouri state laws regarding how the state manages its financial assets and how residents calculate their state income taxes. The bill requires the state treasurer to keep at least one percent of state funds in local banks as cash or interest-bearing deposits, provided these funds are not needed for current expenses. It also modifies the state income tax code by adding specific federal tax refunds and interest amounts to a taxpayer's income while allowing certain deductions to be subtracted. These tax adjustments are designed to align Missouri's tax calculations with changes in federal tax laws, such as rules on business interest and property tax deductions.

In committee May 16, 2024 1 co-sponsor Track

Co-sponsor HCR 30

Passed · Missouri House · Co-sponsor

Expresses support for Israel and recognition of its special relationship with the United States

Passed May 9, 2024 1 co-sponsor Track

Co-sponsor HB 1803

Signed into law · Missouri House · Co-sponsor

Increases aggregate investment amount that the state treasurer may invest in linked deposits and changes disbursement criteria for eligible parties

Maddy summaryThis bill modifies the rules for how the state treasurer manages linked deposits, which are funds set aside to provide loans to specific groups like minority-owned businesses, farmers, and small enterprises. Under the new provisions, the treasurer must make a good faith effort to ensure these deposits are used to offer loans at reduced interest rates to eligible borrowers, with the specific discount depending on current market rates. The legislation also establishes strict guidelines for loan agreements, requiring that the duration of the deposit matches the loan term and that the state receives market interest rates if the funds are not actively lending to eligible parties. Additionally, the bill mandates that the treasurer prioritize renewing existing loan agreements over funding new applications to maintain a stable flow of capital.

Signed into law May 9, 2024 1 co-sponsor

Co-sponsor HB 1936

Passed · Missouri House · Co-sponsor

Establishes tax credits to revitalize facilities of historic significance

Passed May 8, 2024 1 co-sponsor Track

Co-sponsor HB 2896

Passed · Missouri House · Co-sponsor

Establishes an alternative remedy to remove persons who are unlawfully occupying a residential dwelling and establishes the offense of criminal mischief

Passed May 8, 2024 1 co-sponsor Track

Primary HB 2866

In committee · Missouri House · Lead sponsor

Modifies provisions governing the preemption of local ordinances involving employment law

In committee May 7, 2024 0 co-sponsors Track

Co-sponsor HB 2314

In committee · Missouri House · Co-sponsor

Creates provisions for master agreements between the office of administration for architecture, engineering, or land-surveying

In committee May 7, 2024 1 co-sponsor Track

Primary HB 1990

In committee · Missouri House · Lead sponsor

Modifies provisions relating to marijuana use and workers' compensation

In committee May 7, 2024 0 co-sponsors Track

Co-sponsor HB 1630

In committee · Missouri House · Co-sponsor

Modifies provisions relating to the salaries of circuit clerks

In committee May 7, 2024 1 co-sponsor Track

Co-sponsor HB 2170

Passed · Missouri House · Co-sponsor

Establishes the "Missouri Rural Access to Capital Act" to promote rural economic development

Passed May 7, 2024 1 co-sponsor Track