All Licenses - Miscellaneous Legislation - Missouri

SB 1242 - This act modifies various provisions relating to foster care and adoption. The act: Provides that any employee of the Children's Division of the Department of Social Services may choose to become qualified or licensed as an emergency placement provider, a respite care provider, or a licensed foster home. Any employee who becomes qualified or licensed shall not provide care for any child in his or her caseload, but may, upon supervisory approval, choose to transfer the case to another employee in order to be able to provide such care. Sections 210.482, 210.486.7, and 210.545. Requires the Children's Division to establish procedures and promulgate rules to provide applications to become a licensed foster or preadoptive home, and approximately one half of all training, education, or other coursework to become licensed shall be available and able to be completed on an Internet website created and maintained by the division. Section 210.486.8. Requires the guardian ad [...]

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SB 1111 - Under current law, the financial statements required to accompany an application for a grain dealer license must be audited or reviewed by a certified public accountant. This act retains this requirement for Class I grain dealer licenses but modifies the requirement for all other license classes so that, instead, the financial statement must be prepared by a qualified accountant. Currently, the surety bond amount required of a licensed grain dealer shall be established by the director of the Department of Agriculture and shall not be less than $20,000 nor more than $300,000. The act removes the provision requiring the director to establish the bond amount and raises the minimum to $50,000 and the maximum to $500,000. The formula for determining the surety bond amount currently requires the amount not to be less than 1%, nor greater than 5%, of the aggregate dollar amount paid for certain grain the previous fiscal year. The act increases the minimum to 2% and removes the [...]

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SB 1052 - This act directs revenue derived from the loss limit repeal and the imposition of an education allowance to the newly created Educational Opportunities for Missouri's Children Fund. Upon appropriation, the first twenty-five million dollars in the fund will be allocated to the Department of Elementary and Secondary Education for the A+ Schools program, provided that such program is expanded to all Missouri high schools. The remaining moneys in the fund will be allocated equally among the Early Childhood Development, Education and Care Fund, and the First Steps program. The act renders the following alterations to the state's gaming policy: • Repeals the maximum loss limit of five hundred dollars per individual player per gambling excursion; • Institutes a cap of thirteen licenses to operate excursion gambling boats in the state; • Imposes an education allowance of one percent on adjusted gross receipts in excess of forty million dollars for gaming licensees;• States [...]

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SB 744 - This act amends the law relating to unsecured loans of $500 or less. Under current law, lenders may renew such loans upon the borrower's request. This act prohibits lenders from renewing such loans. Under current law, the director of the Division of Finance may issue a cease and desist order when lenders fail to make a good faith effort to comply with laws relating to consumer loans. This act allows the attorney general to do the same. The Attorney General may also file an action in any circuit court to enjoin the practice; impose a civil penalty; or to obtain an order of rescission, restitution, or disgorgement. Under the act, a lender may only charge interest and fees up to the amount of $15 per $100 of principal for the first 30 days of the loan, and not more than 3% per month thereafter, which is an annual percentage rate of approximately 36%. Under current law, the Division of Finance must report to the general assembly, the number of licenses issued under this [...]

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