House Bill No. 7 Summary

• Establishes a permanent Joint Committee on Disaster Funding comprised of 5 members from the Senate Appropriations Committee and 5 members from the House Budget Committee, appointed by the Senate President Pro Tem and House Speaker respectively.

• Requires the committee to select two co-chairs (one senator and one representative) and meet in Jefferson City, with a majority of members constituting a quorum.

• Designates the committee to oversee expenditure of disaster recovery funds appropriated from the budget reserve fund, authorized by executive order, or otherwise authorized by law.

• Requires committee members to serve without compensation but may receive reimbursement for actual and necessary expenses incurred in performing duties.

• Mandates the committee submit a full report of its activities to the General Assembly by January 15th of each year in which disaster recovery funds are appropriated and expended.