MO HB2146

Increases the investment limit for qualifying hospital boards from 25% to 50% of funds not required for immediate disbursement, and expands allowable investments to include mutual funds (stocks, bonds, real estate), highly-rated bonds with 10-year or less maturity, and money-market investments

Raises the tax revenue threshold for hospitals to qualify for expanded investment authority from 1% to 3% of annual revenues from municipal, county, or state taxes and appropriated funds

Creates new section 206.158 extending the same 50% investment authority and 3% tax threshold to hospital districts organized under Chapter 206

Removes references to Chapters 205 and 206 in restrictions on hospitals purchasing or operating related facilities in third or fourth classification counties where another hospital already exists

Applies to hospitals established under sections 96.150 to 96.229 and hospital districts under sections 206.010 to 206.160