MO HB353

Changes the director's authority from discretionary ("may") to mandatory ("shall") when suspending, revoking, or refusing to issue/renew an insurance producer license for grounds specified in the statute

Adds two new grounds for license suspension or revocation: failing to comply with court orders directing payment of state or federal income taxes, and failing to pay personal property taxes, county real estate taxes, or federal or state income taxes for any previous years

Requires the director of revenue to provide the Department of Insurance, Financial Institutions and Professional Registration with annual lists of delinquent tax filers among licensed insurance producers, and notify the department of any producers who are delinquent on state taxes or have failed to file state income tax returns in the last three years

Maintains existing notification requirements for insurance producers to report address changes within 30 days, administrative actions in other jurisdictions within 30 days, and criminal prosecutions for felonies or crimes of moral turpitude within 30 days of initial pretrial hearing