Commercial Law

HB 1153 – Perfection of security interests. Changes the laws regarding the perfection of security interests, so that the filing of a financing statement is necessary to perfect a security interest in collateral that is inventory held for sale or lease by a person or leased by that person,and that person is in the business of selling goods of that kind. 

HB 1406 – Credit scores. Changes the laws regarding the use of credit information when underwriting insurance contracts and prohibits insurers from taking adverse actions based on a person’s credit report or insurance score.

HB 1409 – Mortgage disclosures. Changes the laws regarding certain mortgage disclosures and requires any lender making a reverse mortgage loan to allow for the repayment of the loan after the death of the person who entered into the loan. 

HCS#2 HB 1475 – Tanning devices. Requires the parent or guardian of any person younger than 17 years of age prior to the minor using a tanning device in a tanning facility to appear in person giving consent to the minor’s use of a device.

HB 1478 – Tobacco taxes. Increases the tax on tobacco products and the excise tax on cigarettes of $.17 per pack of 20 cigarettes to $.89 per pack to be used for public education purposes. 

HB 1486 – Cigarette taxes. Increases the excise tax on cigarettes from 17 cents to 33 cents per pack of 20 cigarettes to be deposited, less a 3%collection fee, into the General Revenue Fund.

HB 1500 – Human Rights Commission complaints. Changes the laws regarding complaints filed with the Missouri Commission on Human Rights and makes discrimination based upon a person’s sexual orientation or gender identity unlawful.

HB 1512/SB 676 – International laws. Establishes the Civil Liberties Defense Act which specifies how courts may rule in contractual disputes involving the laws of other countries and in jurisdictional issues involving other countries. Oppose.

HB 1514 – Series LLCs. Allows for the establishment of a series limited liability company. No position.

 *HCS HB 1527/SB 683 – Property exempt from attachment. Changes the laws regarding property exempt from attachment; Clarifies provisions of the exemption statutes to remove questions about the original intent of the General Assembly; makes one substantive change to raise the age of a dependent from18-21 to conform to the reality of community; economic and social conditions. Drafted by The Missouri Bar's Commercial Law Committee.

HB 1555 – Credit scores and employment. (See Labor Law)

HB 1561 – L3Cs. Allows for the organization of a low-profit limited liability company or L3C. Not in scope.

HB 1611/SB 670 – Nonjudicial foreclosure. Allows a debtor facing nonjudicial foreclosure of real estate under a power of sale to elect to participate in dispute resolution or convert to judicial foreclosure. Oppose concept of mandatory mediation.

SB 462/SB 476 – Unsecured loans. Amends laws relating to unsecured loans of $500 or less.  Among other provisions, prohibits lenders from renewing such loans more than once; prohibits lenders from making such loans to consumers who have one such loan outstanding or within 1 day of a borrower paying a pervious loan; requires lenders to make certain disclosures at signing; requires a minimum of  90 days for repayment and requires payments to be made every 15 days; provides an exclusive breach of contract remedy for lenders against consumers; bars lenders from bringing a civil action for passing bad checks. 

SB 540 – Discriminatory employers and public contracts. Bars discriminatory employers from receiving public works contracts and requires employers to provide cause to terminated employees.

SB 579 – Notices to the Real Estate Appraisers Commission.Eliminates a requirement that banks, savings institutions, and credit unions file a certain notice with the Missouri Real Estate Appraisers Commission.

SB 623 – Transfer of fiduciary obligations. Allows all banks,trust companies, and national banks with trust powers, regardless of location,to transfer fiduciary obligations consisting only of irrevocable life insurance trusts to any such banks and trust companies. 

SB 629 – Nonparticipating tobacco manufacturers. Modifies the formula for determining how much money certain tobacco product manufacturers who are not participating in the Tobacco Master Settlement Agreement receive back from escrow funds.

SB 633 – Title to scrap vehicles. Allows scrap metal operators to purchase older inoperable motor vehicles or vehicle parts from such vehicles without receiving a title under certain conditions.

SB 638 – Cigarette tax and income tax rates. Increases the tax on cigarettes by twenty-six cents and modifies the tax rates for state income taxes.

SB 798 – Sexual orientation and gender identity discrimination.Prohibits discrimination based upon a person’s sexual orientation or gender identity.

SB 809 – Service animals. Modifies provisions relating to public accommodations and service dogs for persons with mental disabilities.

SB 862 – Prompt Pay Act. Modifies the Missouri Public Prompt Payment Act. Among other provisions, repeals certain retainage provisions where certain circumstances exist. 

Index of Bills by Subject Matter

  • CCS - Conference Committee Substitute
  • HB - House Bill
  • HCS - House Committee Substitute
  • HS - House Substitute
  • HJR - House Joint Resolution
  • SB - Senate Bill
  • SCS - Senate Committee Substitute
  • SS - Senate Substitute
  • SJR - Senate Joint Resolution
  • * - Missouri Bar Committee-Drafted Legislation

Administrative Law/Licensing 
Agricultural & Animal Law 
Business Law 
Commercial Law 
Construction Law 
Criminal Law 
Education Law 
Elder Law 
Environmental & Energy Law 
Family & Juvenile Law 
Health & Hospital Law 
Immigration Law 
Insurance Law 
Judicial Administration 
Labor Law 
Local Law 
Media Law 
Military Law 
Poverty Law 
Probate & Trust Law 
Property Law 
Sports Law 
State Government
Taxation Law 
Tort Law
Transportation Law 
Workers' Compensation Law