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MO HB1572
Bill
Status
1/23/2014
Primary Sponsor
Robert Cornejo
Click for details
AI Summary
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Repeals and replaces section 302.137, RSMo, relating to the Motorcycle Safety Trust Fund.
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Adds a $5 registration surcharge to all new motorcycle registrations and renewal registrations beginning January 1, 2015.
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Surcharges collected from motorcycle registrations shall be deposited into the Motorcycle Safety Trust Fund to fund the motorcycle safety education program.
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Authorizes the state treasurer to invest fund moneys in the same manner as surplus state funds and credit any interest earned back to the fund.
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Clarifies that unexpended balances in the Motorcycle Safety Trust Fund at the end of any biennium shall not transfer to the general revenue fund.
Legislative Description
Adds a motorcycle registration surcharge of $5 to be deposited in the Motorcycle Safety Trust Fund for motorcycle safety programs
Last Action
Public Hearing Completed (H)
2/25/2014