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MO HB1026

Bill

Official Source

Status

Introduced

4/2/2013

Primary Sponsor

Caleb Jones

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Origin

House of Representatives

2013 Regular Session

AI Summary

  • Repeals and replaces section 513.623, RSMo, regarding distribution of proceeds from seized property sales
  • Distributes clear proceeds (after satisfying innocent parties' interests and paying reasonable CAFA proceeding costs including storage) as follows: 50% to local public schools, 40% to the seizing law enforcement agency, and 10% to the county general revenue fund
  • Requires distribution to comply with section 7 of article IX of the Missouri Constitution

Legislative Description

Specifies that the proceeds from the sale of any seized property must be divided among local schools, the seizing law enforcement agency, and the county general revenue fund

Last Action

Referred: General Laws(H)

4/18/2013

Committee Referrals

General Laws4/18/2013

Full Bill Text

No bill text available