Missouri 2025 Regular Session

Missouri Senate Bill SB535

Introduced
1/8/25  

Caption

Authorizes, rather than requires, state moneys from the sale of surplus property to be deposited in the "Missouri State Surplus Property Clearing Fund"

Summary

SB 535 amends Missouri law governing how the state handles money received from the sale of surplus property. Under current law, those proceeds must be deposited into the Missouri State Surplus Property Clearing Fund. This bill changes that requirement to permission by replacing “shall” with “may,” giving the state discretion to deposit the money in that fund rather than mandating it. The bill keeps the existing structure of the surplus property clearing account in place. The fund would still be administered by the commissioner of administration, and when appropriated, money in the account would continue to be used to cover the costs of conducting surplus property sales. Any proceeds remaining after those costs are paid would still be distributed to the fund that originally purchased the item sold.

Impact

SB 535 would make a narrow but meaningful change to section 37.090, RSMo, by converting a mandatory deposit requirement into a permissive one for proceeds from state surplus property sales. The bill does not eliminate the Missouri State Surplus Property Clearing Fund or alter how surplus sale proceeds are used once deposited; it simply gives the state more flexibility in whether to place those funds into the clearing fund. The commissioner of administration would continue to administer the account, and the existing rule for distributing excess proceeds back to the purchasing fund would remain unchanged.

Sentiment

Based on the bill text and available context, the measure appears to be a low-profile administrative change rather than a controversial policy proposal. There are no recorded committee transcripts or votes showing debate, opposition, or amendments, and the bill caption frames it as a technical authorization change. The overall sentiment is therefore best characterized as neutral to procedural, with the bill likely intended to provide flexibility in state financial administration.

Contention

No specific points of contention are documented in the available materials. If any concerns were raised, they would most likely relate to the shift from a mandatory to a discretionary deposit rule, since that could affect how consistently surplus property sale proceeds are routed into the clearing fund. However, there is no evidence in the provided record of opposition from lawmakers, the administration, or affected agencies.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.