FIRST REGULAR SESSION

HOUSE BILL NO. 784

94TH GENERAL ASSEMBLY


 

 

INTRODUCED BY REPRESENTATIVE COOPER (120).

                  Read 1st time February 7, 2007 and copies ordered printed.

D. ADAM CRUMBLISS, Chief Clerk

2097L.01I


 

AN ACT

To repeal section 409.107, RSMo, and to enact in lieu thereof one new section relating to general bond elections.




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


            Section A. Section 409.107, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 409.107, to read as follows:

            409.107. No investment firm, legal firm offering bond counsel services, or any persons having an interest in any such firms shall be involved in [any manner in] the issuance of bonds authorized by an election in which the firm or person made any financial contribution [of any kind whatsoever] to any campaign in support of the bond election. For the purposes of this section, financial contribution shall not include services with respect to providing factual information relating to the prospective bond issuance, responding to questions and making presentations at public forums relative to prospective bond issuance, or participation in any meeting subject to the open meetings law.