HB 941 -- UNIVERSITY OF MISSOURI DONOR FINANCIAL RECORDS

SPONSOR:  Kingery

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee on
Higher Education by a vote of 7 to 0.

This bill allows the University of Missouri curators to close the
records of donors or potential donors when they contain personal
financial information that federal or Missouri tax authorities
are allowed or required to treat as confidential under law and
rule, credit reports, banking information, or personal financial
documents such as estate plans.

FISCAL NOTE:  No impact on state funds in FY 2008, FY 2009, and
FY 2010.

PROPONENTS:  Supporters say that because the University of
Missouri does not have a 501(c)(3) foundation and because of
recent changes in the Open Meetings Law, commonly referred to as
the Sunshine Law, a statute that permits the university to treat
the private financial matters of its donors and potential donors
as other universities do is necessary.

Testifying for the bill were Representative Kingery; University
of Missouri; and University of Central Missouri.

OPPONENTS:  There was no opposition voiced to the committee.

Missouri House of Representatives
94th General Assembly, 1st Regular Session
Last Updated July 25, 2007 at 11:20 am