Missouri legislation · 2026 Regular Session
Missouri HB2877: Establishes the "Unemployment Administration Adjustment Fund"
Status: In committee, April 23, 2026
What the bill says
To amend chapter 288, RSMo, by adding thereto two new sections relating to unemployment administration adjustments. Section A. Chapter 288, RSMo, is amended by adding thereto two new sections, to be known as sections 288.135 and 288.136, to read as follows: 288.135. 1. This is hereby created in the state treasury the "Unemployment Administration Adjustment Fund", which shall consist of money collected pursuant to section 288.136, and such other state funds appropriated by the general assembly. The state treasurer shall be custodian of the fund and may approve disbursements from the fund in acc.
From the introduced text:
To amend chapter 288, RSMo, by adding thereto two new sections relating to unemployment administration adjustments. Section A. Chapter 288, RSMo, is amended by adding thereto two new sections, to be known as sections 288.135 and 288.136, to read as follows: 288.135. 1. This is hereby created in the state treasury the "Unemployment Administration Adjustment Fund", which shall consist of money collected pursuant to section 288.136, and such other state funds appropriated by the general assembly. The state treasurer shall be custodian of the fund and may approve disbursements from the fund in accordance with sections 30.170 and 30.180. Upon appropriation, money in the fund shall be used solely for the purpose of defraying the cost of the administration of this law, and for no other purpose whatsoever. Notwithstanding the provisions of section 33.080 to the contrary, all moneys remaining in the fund at the end of the biennium shall not revert to the credit of the general revenue fund. The state treasurer shall invest moneys in the fund in the same manner as other funds are invested. Any interest and money earned on such investments shall be credited to the fund. 2. The unemployment administration adjustment fund shall not be used in whole or in part for any purpose or in any manner that would permit its substitution for, …
Sponsors
- John Voss (R, 147) · primary sponsor