HB 754 Missouri House · 2025 Regular Session

Modifies standards for certain financial organizations

HB 754 updates rules for Missouri financial organizations (like banks and trust companies) by replacing outdated sections of state law. It requires new corporate formation documents to include specific details like corporate name restrictions, capital stock amounts, and shareholder information. The bill also allows directors of well-rated institutions (FFIEC rating 1 or 2) to participate in board meetings remotely via phone or video, provided meeting materials are shared and participation meets strict privacy requirements. These changes directly affect financial organizations seeking to form or operate in Missouri.

Bill status passed both 4 of 5 stages cleared

Introduction

Jan 2025

Committee Review

May 2025

House Passage

May 2025

Senate Passage

May 2025

Governor

Introduced Jan 7, 2025 Last action May 30, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Senate Committee Substitute → Senate Substitute (Senate Floor Substitute) · 3 edits

MINOR

The bill was amended on the Senate floor to reduce the number of new sections from eleven to ten, removing section 362.490 from the list of repealed sections. This change reflects a technical adjustment to align the bill's language with the actual number of new sections being enacted.

Scope change

The bill's scope was slightly narrowed by removing one repealed section (362.490) from the list, though the substantive policy content of the remaining sections appears unchanged.

TECHNICAL

The number of repealed sections was changed from eleven to ten, and section 362.490 was removed from the list of repealed sections in both the act summary and Section A.

The bill title was updated from 'Senate Committee Substitute' to 'Senate Substitute' to reflect the floor amendment process.

Minor formatting changes were made to the bill text, including renumbering of sections and adjustment of line breaks.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 5, 2025

Lower · Passed

Truly Agreed To and Finally Passed - AYES: 118 NOES: 10 PRESENT: 15

lower

May 5, 2025

Introduced

House Adopts (H) - SS SCS as amended - AYES: 128 NOES: 8 PRESENT: 5

lower

May 5, 2025

Lower · Passed

Reported Do Pass (H) - AYES: 5 NOES: 2 PRESENT: 0

lower

May 5, 2025

Lower · Passed

Voted Do Pass (H)

lower

May 1, 2025

Committee

Referred: Fiscal Review(H)

lower

May 1, 2025

Introduced

Reported to the House with... (H) - SS as amended

lower

May 1, 2025

Upper · Passed

Third Read and Passed (S) - AYES: 20 NOES: 11 PRESENT: 0

upper

May 1, 2025

Upper · Passed

Reported Do Pass (S)

upper

May 1, 2025

Upper · Passed

Voted Do Pass (S)

upper

Apr 28, 2025

Committee

Referred: Fiscal Oversight(S)

upper

Apr 28, 2025

Upper · Passed

SS Adopted (S) - SA 1, SA 3, SA 4, SA 5, adopted

upper

Apr 28, 2025

Introduced

SS Offered

lower

Apr 17, 2025

Upper · Passed

SCS Reported Do Pass (S)

upper

Apr 8, 2025

Upper · Passed

SCS Voted Do Pass (S)

upper

Mar 24, 2025

Committee

Second read and referred: Insurance and Banking(S)

upper

Mar 12, 2025

Lower · Passed

Third Read and Passed (H) - AYES: 155 NOES: 0 PRESENT: 0

lower

Mar 10, 2025

Lower · Passed

Perfected with Amendments (H) - HA 1 to HA 1, HA 1 as amended adopted

lower

Feb 25, 2025

Lower · Passed

Reported Do Pass (H) - AYES: 9 NOES: 0 PRESENT: 0

lower

Feb 24, 2025

Lower · Passed

Voted Do Pass (H)

lower

Feb 19, 2025

Committee

Referred: Rules - Legislative(H)

lower

Feb 12, 2025

Lower · Passed

Reported Do Pass (H) - AYES: 13 NOES: 0 PRESENT: 0

lower

Feb 11, 2025

Lower · Passed

Voted Do Pass (H)

lower

Jan 30, 2025

Committee

Referred: Financial Institutions(H)

lower

Jan 7, 2025

Introduced

Prefiled (H)

lower

1 primary · 1 co-sponsor