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MO SB214

Bill

Status

Introduced

1/12/2015

Primary Sponsor

David Pearce

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Increases the threshold for chattel liens from $25 to $500, allowing workers who expend labor, services, skill, or materials on personal property to claim a lien for amounts up to $500

  • Raises the value threshold for abandoned chattel from $100 to $500, meaning chattels valued up to $500 that are not redeemed within one year of the agreed redemption date are deemed abandoned to the lien holder

  • Bars owners or depositors of abandoned chattels (valued at $500 or less) from recovering the property, its value, or any related damages after the one-year redemption period expires

  • Amends Missouri Revised Statutes sections 430.080 and 430.135

Legislative Description

Modifies law relating to emerging issues

Last Action

H Calendar S Bills for Third Reading w/HCS

5/15/2015

Committee Referrals

Select Committee on General Laws4/29/2015
Emerging Issues4/15/2015
General Laws and Pensions2/2/2015

Full Bill Text

No bill text available