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MO HB191

Bill

Status

Introduced

1/12/2011

Primary Sponsor

Michael Corcoran

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Repeals and re-enacts section 253.090, RSMo, relating to the State Park Earnings Fund

  • Authorizes the state treasurer to deposit all moneys from the State Park Earnings Fund in any qualified state depositories with security required by law

  • Credits interest earned on State Park Earnings Fund deposits back to the fund

  • Permits the Department of Natural Resources to expend up to 50 percent of the preceding fiscal year's deposits for revenue bond payments, interest and sinking funds, reserve funds, depreciation funds, and feasibility reports

  • Requires transfer of all remaining moneys in the state park revolving fund to the State Park Earnings Fund as of July 1, 2000

Legislative Description

Authorizes the State Treasurer to deposit all moneys in the State Park Earnings Fund in any qualified depository of the state and requires these deposits to be secured in a manner provided by law

Last Action

Public Hearing Completed (H)

1/27/2011

Full Bill Text

No bill text available