Missouri legislation · 2025 Regular Session
Missouri HB271: Modifies provisions relating to the operation of, and investment of moneys by, certain hospitals
Status: In committee, May 6, 2025
What the bill says
From the introduced text:
FIRST REGULAR SESSION HOUSE BILL NO. 103RD GENERAL ASSEMBLY INTRODUCED BY REPRESENTATIVE KALBERLOH. 0764H.01I DANARADEMANMILLER,ChiefClerk To repeal sections 96.192, 96.196, and 206.110, RSMo, and to enact in lieu thereof four new sections relating to hospitals. Section A. Sections 96.192, 96.196, and 206.110, RSMo, are repealed and four new sections enacted in lieu thereof, to be known as sections 96.192, 96.196, 206.110, and 206.158, to read as follows: 96.192. 1. The board of trustees of any hospital authorized under subsection 2 of this section, and established and organized under the provisions of sections 96.150 to 96.229[,]: (1) May invest up to [twenty-five] fifty percent of the hospital's "available funds", definedinthissectionasfundsnotrequiredforimmediatedisbursementinobligationsorfor theoperationofthehospital[inanyUnitedStatesinvestmentgradefixedincomefundsorany diversified stock funds, or both.], into: (a) Any mutual funds that invest in stocks, bonds, or real estate, or any combination thereof; (b) Bonds that have: a. One of the five highest long-term ratings or the highest short-term rating issued by a nationally recognized rating agency; and b. A final maturity of ten years or less; (c) Money market investments; or (d) Any combination of investments described in paragraphs (a) to (c) of this subdivision; and 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 …
Sponsors
- Jim Kalberloh (R, 126) · primary sponsor
Latest actions
- : Dropped from Calendar - Pursuant to House Rules (H)
- : Placed on the Informal Perfection Calendar (H)
- : Reported Do Pass (H) - AYES: 8 NOES: 0 PRESENT: 0
- : Voted Do Pass (H)
- : Executive Session Completed (H)
- : Action Postponed (H)
- : Action Postponed (H)
- : Referred: Rules - Legislative(H)
- : Reported Do Pass (H) - AYES: 9 NOES: 1 PRESENT: 1
- : Voted Do Pass (H)
Votes
- Reported Do Pass (H) (April 8, 2025): 8 yea, 0 nay, passed
- Reported Do Pass (H) (March 19, 2025): 9 yea, 1 nay, passed
Common questions
- What is HB271?
- HB271 is a bill in the Missouri Legislature (2025 Regular Session): Modifies provisions relating to the operation of, and investment of moneys by, certain hospitals.
- What is the status of HB271?
- In committee as of May 6, 2025. Latest action: Dropped from Calendar - Pursuant to House Rules (H) (May 6, 2025).
- Who sponsored HB271?
- Jim Kalberloh (R, 126).
- Where is the official record for HB271?
- On the Missouri Legislature website: https://house.mo.gov/BillContent.aspx?bill=HB271&year=2025&code=R
Source: official Missouri record. Tracked by Delilah, AI for legislation across all 50 states and Congress.