HB 254 -- UNIFORM ELECTRONIC TRANSACTIONS ACT

SPONSOR:  Byrd

COMMITTEE ACTION:  Voted "do pass" by the Committee on Judiciary
by a vote of 18 to 0.

This bill repeals the current Missouri Digital Signatures Act
(Sections 28.600 through 28.678, RSMo) and enacts the provisions
of the Uniform Electronic Transactions Act, making electronic
transactions as enforceable as traditional paper transactions if
the parties agree to transact electronically.  There are some
exceptions for documents which must still be executed manually,
including laws governing the creation and execution of wills,
codicils or testamentary trusts, and other provisions of the
Uniform Commercial Code.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the bill is necessary to bring
Missouri law into conformity with federal law and the law of more
than 40 other states.

Testifying for the bill were Representative Byrd; Missouri Bar
Board of Governors; Missouri Land Title Association; and Missouri
Association of Realtors.

OPPONENTS:  There was no opposition voiced to the committee.

Julie Jinkens McNitt, Legislative Analyst

Missouri House of Representatives
Last Updated July 25, 2003 at 10:11 am