Missouri HB3232: Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

What the bill says

To amend chapter 1, RSMo, by adding thereto one new section relating to foreign ownership of electrical corporations. Section A. Chapter 1, RSMo, is amended by adding thereto one new section, to be 2 known as.

From the introduced text:

To amend chapter 1, RSMo, by adding thereto one new section relating to foreign ownership of electrical corporations. Section A. Chapter 1, RSMo, is amended by adding thereto one new section, to be 2 known as section 1.520, to read as follows: 1.520. Any electrical corporation, as such term is defined in section 386.020, with 2 more than twenty-five percent ownership by a foreign entity shall divest of such 3 ownership or cease operations in this state before December 31, 2041. The attorney 4 general may enforce the provisions of this section. ✔ EXPLANATION -- Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is intended to be omitted from the law. Matter in bold-face type in the above bill is proposed language.

Read the full official text

Sponsors

• Jamie Gragg (R, 140) · primary sponsor

Latest actions

1. May 15, 2026: Referred: Emerging Issues(H)
2. February 10, 2026: Read Second Time (H)
3. February 9, 2026: Introduced and Read First Time (H)

Common questions

What is HB3232?

HB3232 is a bill in the Missouri Legislature (2026 Regular Session): Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041.

What does HB3232 do?

In its own words: To amend chapter 1, RSMo, by adding thereto one new section relating to foreign ownership of electrical corporations. Section A. Chapter 1, RSMo, is amended by adding thereto one new section, to be 2 known as.

What is the status of HB3232?

In committee as of May 15, 2026. Latest action: Referred: Emerging Issues(H) (May 15, 2026).

Who sponsored HB3232?

Jamie Gragg (R, 140).

Where is the official record for HB3232?

On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB3232&year=2026&code=R