SECOND REGULAR SESSION

HOUSE BILL NO. 1353

92ND GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVES SEIGFREID (Sponsor), PEARCE, WALSH, MOORE,

 DEEKEN AND WITTE (Co-sponsors).

         Read 1^st time February 2, 2004, and copies ordered printed.

STEPHEN S. DAVIS, Chief Clerk

4294L.01I

AN ACT

To repeal section 33.155, RSMo, and to enact in lieu thereof one new section relating to payroll cards.

Be it enacted by the General Assembly of the state of Missouri, as follows:

Section A. Section 33.155, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 33.155, to read as follows:

            33.155. 1. The commissioner of administration and the state treasurer may establish an electronic funds transfer system to transfer directly into payees' accounts in financial institutions or to fund a payroll card account established for any employee in payment of any account allowed against the state.  

            2. A single transfer may contain payments to multiple payees.

            3. The commissioner of administration and the state treasurer, by joint rules, shall establish the standards and procedures for administering the system.