# Missouri HB2423: Revises statutory provisions under Division of Finance by creating a new fund for depositing moneys collected and paid from licensing fees Missouri HB2423, Revises statutory provisions under Division of Finance by creating a new fund for depositing moneys collected and paid from licensing fees, is a 2026 Regular Session House bill sponsored by Philip Oehlerking (Republican); status signed, last action 2026-04-23 (Delivered to Secretary of State (G)) (as of 2026-11-04). - Canonical: https://policyrisk.com/state-bill/MO-HB2423-2026 - As of: 2026-11-04 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Missouri HB2423 - State: Missouri - Session: 2026 Regular Session - Title: Revises statutory provisions under Division of Finance by creating a new fund for depositing moneys collected and paid from licensing fees - Status: signed - Chamber: House - Introduced: 2025-12-15 - Last action: 2026-04-23, Delivered to Secretary of State (G) - Sponsor: Philip Oehlerking (Republican) - Cosponsors: 0 - Touches household money: no - Roll calls: 8 (513 yes, 0 no in all) - Economic provisions PRIA read: 7 ## Summary No summary available. ## Bill overview: provisions PRIA read - Supervised lenders lose bond and examiner charges: benefit, low. The director can no longer require supervised consumer credit lenders to file the specified $1,000 bond. The law also removes express charges for examiners’ actual travel expenses and a $100 daily allowance per examiner. Necessary examination costs remain chargeable when a supervised lender is exam… - Higher filing-fee ceiling for credit services: cost, low. Missouri’s director of finance can charge credit services organizations up to $1,000 to file a registration statement. The former maximum was $400. The fee must be reasonable, and the director does not have to charge the maximum. - License fees for title and small-loan lenders: cost, low. Missouri title lenders and covered lenders making unsecured loans of $500 or less pay director-set license fees capped at $5,000. The cap is $1,000 for applicants that never exceeded 100 active accounts during the previous licensing year. Each additional location can cost up to $1,000. The small-lo… - License fees for wage-access and funding providers: cost, low. Earned wage access providers must get a Missouri license. They, supervised consumer credit lenders, and consumer legal funding companies pay director-set license fees capped at $5,000. The cap is $1,000 for applicants that never exceeded 100 active accounts during the previous licensing year. Each… - Dedicated fund supports Missouri financial oversight: mixed, low. The law creates Missouri’s Consumer Licensing Fund for money directed into it by law. The Division of Finance can use it only for administration costs not otherwise payable from three existing funds. Those are the Division of Finance, Residential Mortgage Licensing, and Division of Savings and Loan… - New fee caps for financing companies: mixed, low. Missouri financing institutions and sales finance companies replace their former $600-per-location fee with director-set license fees. The license fee can reach $5,000, plus up to $1,000 for each additional location. The license-fee cap is $1,000 for applicants that never exceeded 100 active accoun… - Premium finance companies face new licensing fees: mixed, low. Missouri premium finance companies must get licenses instead of registering, replacing the former $600 annual registration fee. Director-set license fees are capped at $5,000, plus up to $1,000 for each additional location. The license-fee cap is $1,000 for companies that never exceeded 100 active… ## Sponsors and cosponsors - Sponsor: Philip Oehlerking (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-02 | House | Truly Agreed To and Finally Passed | pass | 152 | 0 | | | 2026-04-02 | House | Reported Do Pass | pass | 8 | 0 | | | 2026-04-02 | House | House Adopts | pass | 148 | 0 | | | 2026-04-02 | House | Reported Do Pass | pass | 8 | 0 | | | 2026-04-01 | Senate | Third Read and Passed | pass | 29 | 0 | | | 2026-02-19 | House | Third Read and Passed | pass | 146 | 0 | 3 | | 2026-02-10 | House | Reported Do Pass | pass | 9 | 0 | | | 2026-01-28 | House | Reported Do Pass | pass | 13 | 0 | | ## Actions (47) - 2026-04-23: Delivered to Secretary of State (G) (House) - 2026-04-23: Approved by Governor (G) (House) - 2026-04-15: Delivered to Governor (House) - 2026-04-15: Signed by President Pro Tem (Senate) - 2026-04-15: Signed by House Speaker (House) - 2026-04-02: House Message (House) - 2026-04-02: Truly Agreed To and Finally Passed - AYES: 152 NOES: 0 PRESENT: 0 (House) - 2026-04-02: House Adopts - AYES: 148 NOES: 0 PRESENT: 0 (House) - 2026-04-02: Taken Up (House) - 2026-04-02: Reported Do Pass - AYES: 8 NOES: 0 PRESENT: 0 (House) - 2026-04-02: Voted Do Pass (House) - 2026-04-02: Executive Session Completed (House) - 2026-04-01: Referred: Fiscal Review (House) - 2026-04-01: Reported to the House with... - SS (House) - 2026-04-01: Third Read and Passed - AYES: 29 NOES: 0 PRESENT: 0 (Senate) - 2026-04-01: SS Adopted (Senate) - 2026-04-01: SS Offered (Senate) - 2026-04-01: Taken Up for Third Reading (Senate) - 2026-04-01: Reported Do Pass (Senate) - 2026-03-30: Voted Do Pass (Senate) - 2026-03-30: Executive Session Held (Senate) - 2026-03-25: Referred: Fiscal Oversight (Senate) - 2026-03-25: Reported Do Pass (Senate) - 2026-03-10: Voted Do Pass (Senate) - 2026-03-10: Executive Session Held (Senate) - 2026-03-03: Public Hearing Held (Senate) - 2026-03-03: Public Hearing Scheduled - Tuesday, March 3, 2026, 12:00 p.m., Senate Lounge - 3rd Floor (Senate) - 2026-02-26: Second read and referred: Insurance and Banking (Senate) - 2026-02-19: Reported to the Senate and First Read (Senate) - 2026-02-19: Third Read and Passed - AYES: 146 NOES: 0 PRESENT: 3 (House) - 2026-02-19: Taken Up for Third Reading (House) - 2026-02-17: Perfected (House) - 2026-02-17: Title of Bill - Agreed To (House) - 2026-02-17: Taken Up for Perfection (House) - 2026-02-16: Placed on the Informal Perfection Calendar (House) - 2026-02-10: Reported Do Pass - AYES: 9 NOES: 0 PRESENT: 0 (House) - 2026-02-10: Voted Do Pass (House) - 2026-02-10: Executive Session Completed (House) - 2026-02-03: Referred: Rules - Administrative (House) - 2026-01-28: Reported Do Pass - AYES: 13 NOES: 0 PRESENT: 0 (House) - 2026-01-21: Voted Do Pass (House) - 2026-01-21: Executive Session Completed (House) - 2026-01-14: Public Hearing Completed (House) - 2026-01-08: Referred: Financial Institutions (House) - 2026-01-08: Read Second Time (House) - 2026-01-07: Read First Time (House) - 2025-12-15: Prefiled (House) ## Bill text - Truly Agreed, 2026-04-02: [PDF](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714S.02T.pdf) - Perfected, 2026-02-17: [PDF](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714H.01P.pdf) - Senate Substitute, 2026-01-28: [PDF](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714S.02F.pdf) - Introduced, 2026-01-07: [PDF](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714H.01I.pdf) ## Related bills - HB2372: Modifies provisions relating to health care (signed) - HB1867: Authorizes Joplin to increase a transient guest tax for tourism to no more than six percent upon a vote of the people (signed) - HB1871: Modifies provisions relating to elections (signed) - HB1840: Establishes an alert system to assist in the location of missing persons with developmental disabilities (signed) - HB1825: Removes the prosecuting attorney and the sheriff from the county salary commission (signed) - HB1827: Adds licensed occupational therapists to the definition of "other authorized health care practitioner" for purposes of physician's statements required for disa… (signed) ## Sources - [Truly Agreed (PDF)](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714S.02T.pdf) - [Perfected (PDF)](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714H.01P.pdf) - [Senate Substitute (PDF)](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714S.02F.pdf) - [Introduced (PDF)](https://documents.house.mo.gov/billtracking/bills261/hlrbillspdf/5714H.01I.pdf) ## Related - [HB2372: Modifies provisions relating to health care](https://policyrisk.com/state-bill/MO-HB2372-2026) - [HB1867: Authorizes Joplin to increase a transient guest tax for tourism to no more than…](https://policyrisk.com/state-bill/MO-HB1867-2026) - [HB1871: Modifies provisions relating to elections](https://policyrisk.com/state-bill/MO-HB1871-2026) - [HB1840: Establishes an alert system to assist in the location of missing persons with d…](https://policyrisk.com/state-bill/MO-HB1840-2026) - [HB1825: Removes the prosecuting attorney and the sheriff from the county salary commiss…](https://policyrisk.com/state-bill/MO-HB1825-2026) - [HB1827: Adds licensed occupational therapists to the definition of "other authorized he…](https://policyrisk.com/state-bill/MO-HB1827-2026) - [Missouri bills](https://policyrisk.com/states/missouri/bills) - [Missouri state hub](https://policyrisk.com/states/missouri) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/MO-HB2423-2026 (as of 2026-11-04).