Missouri SB 1184: Modifies provisions relating to the Missouri Housing Trust Fund

Bill Text

EXPLANATION-Matter enclosed in bold-faced brackets [thus] in this bill is not enacted
and is intended to be omitted in the law.
SECOND REGULAR SESSION
SENATE BILL NO. 1184
102ND GENERAL ASSEMBLY
INTRODUCED BY SENATOR ARTHUR.
3912S.01I KRISTINA MARTIN, Secretary
AN ACT
To repeal sections 59.319 and 215.036, RSMo, and to enact in lieu thereof two new sections
relating to the Missouri housing trust fund.

Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Sections 59.319 and 215.036, RSMo, are repealed 1
and two new sections enacted in lieu thereof, to be known as 2
sections 59.319 and 215.036, to read as follows:3
59.319. 1. A user fee of four dollars shall be 1
charged and collected by every recorder in this state, over 2
and above any other fees required by law, as a condition 3
precedent to the recording of any instrument. The state 4
portion of the fee shall be forwarded monthly by each 5
recorder of deeds to the state director of revenue, and the 6
fees so forwarded shall be deposited by the director in the 7
state treasury. Two dollars of such fee shall be retained 8
by the recorder and deposited in a recorder's fund and not 9
in county general revenue for record storage, microfilming, 10
and preservation, including anything necessarily pertaining 11
thereto. The recorder's funds shall be kept in a special 12
fund by the treasurer and shall be budgeted and expended at 13
the direction of the recorder and shall not be used to 14
substitute for or subsidize any allocation of general 15
revenue for the operation of the recorder's office without 16
the express consent of the recorder. The recorder's fund 17
may be audited by the appropriate auditing agency, and any 18

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unexpended balance shall be left in the fund to accumulate 19
from year to year with interest. 20
2. An additional fee of [three] nine dollars shall be 21
charged and collected by every recorder in this state, over 22
and above any other fees required by law, as a condition 23
precedent to the recording of any instruments specified in 24
subdivisions (1) and (2) of subsection 1 of section 59.330. 25
The fees collected from this additional [three] nine dollars 26
per recorded instrument shall be forwarded monthly by each 27
recorder of deeds to the state director of revenue, and the 28
fees so forwarded shall be deposited by the director in the 29
state treasury. 30
3. The state treasurer and the commissioner of 31
administration shall establish an appropriate account within 32
the state treasury and in accordance with the state's 33
accounting methods. Any receipt required by this section to 34
be deposited in the state treasury shall be credited as 35
follows: 36
(1) The amount of one dollar for each fee collected 37
under subsection 1 of this section shall be paid to the 38
state treasurer and credited to the "Missouri Land Survey 39
Fund" which is hereby created to be utilized for the 40
purposes of sections 60.510 to 60.620 and section 60.670. 41
The state treasurer shall be custodian of the fund and may 42
approve disbursements from the fund in accordance with 43
sections 30.170 and 30.180. Any funds previously collected 44
by the state treasurer to be utilized for the purposes of 45
sections 60.510 to 60.620 and section 60.670 shall transfer 46
to the Missouri land survey fund. Any portion of the fund 47
not immediately needed for the purposes authorized shall be 48
invested by the state treasurer as provided by the 49
constitution and laws of this state. All income, interest, 50

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and moneys earned from such investments shall be deposited 51
in the Missouri land survey fund. Any unexpended balance in 52
the fund at the end of the fiscal year is exempt from the 53
provisions of section 33.080 relating to the transfer of 54
unexpended balances to the general revenue fund; 55
(2) The amount of one dollar for each fee collected 56
under subsection 1 of this section to an account to be 57
utilized by the secretary of state for additional 58
preservation of local records; and 59
(3) The amount of [three] nine dollars collected under 60
subsection 2 of this section into the Missouri housing trust 61
fund as designated in section 215.034. 62
215.036. 1. Housing trust fund moneys shall be used 1
to financially assist, in whole or in part by loans or 2
grants, the development of housing stock and to provide 3
housing assistance to persons and families with incomes at 4
or below the levels described in subsections 2 and 3 of this 5
section. At least fifty percent of the loan or grant funds 6
awarded over each two-year period, coincident with the 7
biennium described in section 33.080, shall be awarded for 8
such activities and projects for residential occupancy by 9
persons and families with incomes at or below the levels 10
described in subsection 3 of this section. 11
2. Persons or families are eligible under this 12
subsection if the household combined adjusted gross income 13
is equal to