Missouri legislation · 2026 Regular Session
Missouri HB1734: Creates a revolving loan program to assist homeowners' associations with erosion control
Status: Failed, April 20, 2026
What the bill says
To amend chapter 640, RSMo, by adding thereto one new section relating to the soil erosion control fund. Section A. Chapter 640, RSMo, is amended by adding thereto one new section, to be known as section 640.900, to read as follows: 640.900. 1. (1) There is hereby created in the state treasury the "Soil Erosion Control Fund", which shall consist of moneys appropriated by the general assembly; all gifts, grants, and bequests from any federal or private source; and all repayment of loan moneys from eligible homeowners' associations. The state treasurer shall be custodian of the fund. In accordan.
From the introduced text:
To amend chapter 640, RSMo, by adding thereto one new section relating to the soil erosion control fund. Section A. Chapter 640, RSMo, is amended by adding thereto one new section, to be known as section 640.900, to read as follows: 640.900. 1. (1) There is hereby created in the state treasury the "Soil Erosion Control Fund", which shall consist of moneys appropriated by the general assembly; all gifts, grants, and bequests from any federal or private source; and all repayment of loan moneys from eligible homeowners' associations. The state treasurer shall be custodian of the fund. In accordance with sections 30.170 and 30.180, the state treasurer may approve disbursements. The fund shall be a dedicated fund and, upon appropriation, moneys in this fund shall be used solely as provided in this section. (2) Notwithstanding the provisions of section 33.080 to the contrary, any moneys remaining in the fund at the end of the biennium shall not revert to the credit of the general revenue fund. (3) The state treasurer shall invest moneys in the fund in the same manner as other funds are invested. Any interest and moneys earned on such investments shall be credited to the fund. 2. The fund shall be used to better equip neighborhoods and communities to reduce sedimentation and erosion of creeks, streams, and …
Sponsors
- (R, 105) · primary sponsor