# Missouri HB657: Modifies provisions related to proxy voting and fiduciary investment duties for certain public employee retirement and pension systems

Missouri HB657, Modifies provisions related to proxy voting and fiduciary investment duties for certain public employee retirement and pension systems, is a 2025 Regular Session House bill sponsored by Bill Owen (Republican); status failed, last action 2025-05-06 (Dropped from Calendar - Pursuant to House Rules) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/MO-HB657-2025
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Missouri HB657
- State: Missouri
- Session: 2025 Regular Session
- Title: Modifies provisions related to proxy voting and fiduciary investment duties for certain public employee retirement and pension systems
- Status: failed
- Chamber: House
- Introduced: 2024-12-23
- Last action: 2025-05-06, Dropped from Calendar - Pursuant to House Rules
- Sponsor: Bill Owen (Republican)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 2 (17 yes, 8 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Bill Owen (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-25 | House | Reported Do Pass | pass | 6 | 3 |   |
| 2025-02-10 | House | Reported Do Pass | pass | 11 | 5 |   |

## Actions (16)

- 2025-05-06: Dropped from Calendar - Pursuant to House Rules (House)
- 2025-04-16: Placed on the Informal Perfection Calendar (House)
- 2025-04-09: Placed Back on Formal Perfection Calendar (House)
- 2025-03-25: Placed on the Informal Perfection Calendar (House)
- 2025-02-25: Reported Do Pass - AYES: 6 NOES: 3 PRESENT: 0 (House)
- 2025-02-24: Voted Do Pass (House)
- 2025-02-24: Executive Session Completed (House)
- 2025-02-19: Referred: Rules - Legislative (House)
- 2025-02-10: Reported Do Pass - AYES: 11 NOES: 5 PRESENT: 0 (House)
- 2025-02-06: Voted Do Pass (House)
- 2025-02-06: Executive Session Completed (House)
- 2025-01-30: Public Hearing Completed (House)
- 2025-01-22: Referred: Pensions (House)
- 2025-01-09: Read Second Time (House)
- 2025-01-08: Read First Time (House)
- 2024-12-23: Prefiled (House)

## Bill text

- Introduced, 2025-01-08: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/0333H.01I.pdf)

## Related bills

- HB3: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Higher Education and Workforce Development (signed)
- HB8: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Public Safety and the Department of National Guard (signed)
- HB11: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Social Services (signed)
- HB10: Appropriates money for the expenses, grants, refunds, and distributions of the Department of Mental Health, the Department of Health and Senior Services, and t… (signed)
- SB79: Modifies provisions relating to health care (signed)
- SB271: Modifies provisions relating to emergency services (signed)

## Sources
- [Introduced (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/0333H.01I.pdf)

## Related
- [HB3: Appropriates money for the expenses, grants, refunds, and distributions of the…](https://policyrisk.com/state-bill/MO-HB3-2025)
- [HB8: Appropriates money for the expenses, grants, refunds, and distributions of the…](https://policyrisk.com/state-bill/MO-HB8-2025)
- [HB11: Appropriates money for the expenses, grants, refunds, and distributions of the…](https://policyrisk.com/state-bill/MO-HB11-2025)
- [HB10: Appropriates money for the expenses, grants, refunds, and distributions of the…](https://policyrisk.com/state-bill/MO-HB10-2025)
- [SB79: Modifies provisions relating to health care](https://policyrisk.com/state-bill/MO-SB79-2025)
- [SB271: Modifies provisions relating to emergency services](https://policyrisk.com/state-bill/MO-SB271-2025)
- [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-HB657-2025 (as of 2026-10-16).