# Missouri HB754: Modifies standards for certain financial organizations Missouri HB754, Modifies standards for certain financial organizations, is a 2025 Regular Session House bill sponsored by Philip Oehlerking (Republican); status signed, last action 2025-07-10 (Delivered to Secretary of State (G)); PRIA reads it as touching household money (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/MO-HB754-2025 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Missouri HB754 - State: Missouri - Session: 2025 Regular Session - Title: Modifies standards for certain financial organizations - Status: signed - Chamber: House - Introduced: 2025-01-07 - Last action: 2025-07-10, Delivered to Secretary of State (G) - Sponsor: Philip Oehlerking (Republican) - Cosponsors: 1 - Touches household money: yes - Roll calls: 7 (448 yes, 31 no in all) - Economic provisions PRIA read: 26 ## Summary No summary available. ## Bill overview: provisions PRIA read - Estate documents can use electronic signatures: benefit, low. Powers of attorney, health directives, trusts, beneficiary deeds, and nonprobate transfers can be signed electronically. Electronic form alone cannot invalidate them, and witnesses can attend electronically. Separately signed pages must be attached or incorporated; certified paper copies require a… - Missouri recognizes electronically signed wills: benefit, low. Missouri recognizes electronic wills that are readable when signed and remain available as text. The will-maker must sign, or direct someone to sign in the will-maker's physical presence, with two witnesses observing in person or electronically. Without a self-proving affidavit signed at that time,… - Past emergency estate signings gain recognition: benefit, low. The law recognizes qualifying remote estate-document signings from April 6, 2020, through December 31, 2021. Signers had to state they were in Missouri, and the notary had to be in Missouri and identify them. Required signers had to appear through live, interactive video; the notary also had locati… - Trust beneficiaries get advance transfer warnings: benefit, low. Trustees planning to move a trust's main place of administration must notify qualified beneficiaries at least 60 days ahead. The notice must explain that the move may change the governing law and affect beneficiaries' rights. Beneficiaries can object to the proposed transfer. - Banks can offer trusted fraud contacts: benefit, low. Banks and credit unions can voluntarily offer trusted-contact programs; they do not have to provide them. Customers and members can name contacts for emergencies, trouble reaching them, suspected exploitation, or checks on dormant accounts. Customers, members, and contacts can withdraw the designat… - Crypto kiosk customers get clearer warnings: benefit, low. Before opening an account and before your first transaction, operators must explain service terms and risks in clear written English. These include unauthorized-transfer liability, privacy practices, receipt rights, and risks of losses without government backing or federal protections. Before every… - Stronger fraud safeguards for kiosk customers: benefit, low. Crypto kiosk operators must take reasonable steps to detect and prevent fraud. Written anti-fraud policies must cover risks, controls, monitoring duties, and regular reviews. A separate board-approved policy must identify customers at risk because of age or mental capacity. Operators must use block… - More payment options for home closings: benefit, low. The law expands which payments count as certified funds at real estate closings. Wire transfers qualify when the settlement agent or its bank receives them unconditionally. Real-time payments, including RTP and FedNow, also qualify. For those payments, a financial institution must confirm in writin… - Workers can request pay in specie: benefit, low. Employees can request some or all of their pay in specie legal tender, based on its dollar-equivalent value. Employers may pay it in physical or electronic form, but do not have to offer this option. Employers paying physical specie must verify its weight and purity. - Investors can subtract qualifying specie gains: benefit, low. For tax years beginning on or after January 1, 2026, taxpayers can subtract qualifying specie capital gains from Missouri adjusted gross income. The gain must come from selling or exchanging specie defined by state law and be included in federal adjusted gross income. This reduces taxable income, n… - Electronic specie can pay public debts: benefit, low. Electronic specie currency must be accepted for public debts contracted in Missouri. The custody agent or other transmitter must send payments to public entities in U.S. dollars. Private parties can choose whether to accept specie legal tender or electronic specie currency for private debts. - Specie owners gain protections against government: benefit, low. Missouri state and local government bodies generally cannot seize a person's specie legal tender or electronic specie currency. Seizures allowed by section 513.607 remain permitted. Government bodies also cannot restrict acquiring or using specie, infringe these rights, or discriminate among forms… - Broadband grant recipients get tax subtraction: benefit, low. For tax years beginning on or after January 1, 2022, recipients can subtract 100% of qualifying broadband grants from Missouri adjusted gross income. Federal, state, or local grants must expressly fund broadband access or expansion in Missouri areas deemed to lack access. The tax break goes to gran… - Estates gain out-of-state income tax credit: benefit, low. Missouri resident estates and trusts can claim a credit for qualifying income taxes paid to another state, its subdivisions, or Washington, D.C. The income must also be subject to Missouri tax. The credit applies to the extent Missouri adjusted gross income is excluded from taxable income under sec… - Neighborhood programs can share unused credits: benefit, low. Missouri can shift unused tax-credit authority between two neighborhood programs in the same fiscal year. Transfers are allowed when authorizations under section 32.111 fall below $10 million, with the unused amount available under section 32.112. Combined authorizations cannot exceed $11 million f… - Financing brokers face fees and fines: cost, medium. Commercial-financing brokers must register, post a $10,000 surety bond, pay $100 initially, and renew for $50 by January 31 annually. Registration starts six months after final rules if the Division of Finance intends rulemaking; otherwise, the stated start is February 28, 2025. Commercial-financin… - Financing brokers face registration and bonding: cost, medium. Paid commercial financing brokers in Missouri must register with the Division of Finance and maintain a $10,000 surety bond. Registration costs $100 initially, with a $50 annual renewal fee. Employees working within their jobs for a compliant broker need no separate registration or bond. Requiremen… - Trust beneficiaries face claim filing deadlines: cost, low. The law limits when beneficiaries can sue trustees for breach of trust. When the one-year rule applies, time runs from the later of an adequately disclosing report or notice of the filing deadline. Otherwise, the deadline is five years after the first listed event. Those events include trustee remo… - Crypto kiosk operators face licensing requirements: cost, low. Businesses owning, running, advertising, or facilitating crypto kiosks must obtain money-transmitter licenses. Unlicensed operators must apply within 60 days after the section takes effect; timely applicants can operate during review. Denied applicants must stop until licensed, and operators must m… - Electronic wills gain access and revocation rules: mixed, low. Courts can order online account providers to disclose records needed to obtain a deceased person's electronic will. Without an appointed estate administrator, a court can authorize the petitioner to receive those records for that purpose. Electronic wills can cancel earlier wills and can be cancele… - Customers must request bank condition reports: mixed, low. Banks and trust companies no longer have to publish required periodic reports in newspapers or post them at the bank. Instead, a customer who asks must receive a paper or electronic copy of a required regular periodic report. - Inactive account notice protections end: mixed, low. The law repeals specified notices for accounts inactive at least 12 months when inactivity fees apply. It also repeals required annual statements after 12 months of inactivity, including that rule's permission for a fee up to $5 per statement. The specified requirement to transfer funds from accoun… - Business financing disclosures have key exemptions: mixed, low. Covered financing providers must give businesses cost and payment details before or when a deal closes. These include funds provided and disbursed, total payments, financing costs, payment terms, and prepayment costs or discounts. For changing payments, providers must give initial estimates and exp… - Kiosk oversight records get privacy limits: mixed, low. Crypto kiosk operators must provide records reasonably required by the Division of Finance to check compliance. These requests can cover federal banking and anti-money-laundering laws. Operator reports and related examination and investigation records are confidential and excluded from public-recor… - Banks gain flexibility with less reporting: mixed, low. Banks and trust companies can authorize additional stock classes, subject to state procedures and required finance-director acceptance and approval. Directors can attend and vote remotely without the former top-rating requirement, unless law or safety restrictions bar participation. Minutes must do… - Banks gain pooled public-deposit security option: mixed, low. An authorized bank can use a single-bank securities pool to secure uninsured deposits from one or more public entities. This can replace or supplement separate pledges, using only securities allowed by state law. Eligible Missouri institutions appointed by the finance director administer pools, whi… ## Sponsors and cosponsors - Sponsor: Philip Oehlerking (Republican), House - Cosponsor: George Hruza (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-05 | House | Truly Agreed To and Finally Passed | pass | 118 | 10 | 15 | | 2025-05-05 | House | House Adopts - SS SCS as amended | pass | 128 | 8 | 5 | | 2025-05-05 | House | Reported Do Pass | pass | 5 | 2 | | | 2025-05-01 | Senate | Third Read and Passed with Amendments | pass | 20 | 11 | | | 2025-03-12 | House | Third Read and Passed | pass | 155 | 0 | | | 2025-02-25 | House | Reported Do Pass | pass | 9 | 0 | | | 2025-02-12 | House | Reported Do Pass | pass | 13 | 0 | | ## Actions (48) - 2025-07-10: Delivered to Secretary of State (G) (House) - 2025-07-10: Approved by Governor (G) (House) - 2025-05-30: Delivered to Governor (House) - 2025-05-30: Signed by President Pro Tem (Senate) - 2025-05-29: Signed by House Speaker (House) - 2025-05-05: House Message (House) - 2025-05-05: Truly Agreed To and Finally Passed - AYES: 118 NOES: 10 PRESENT: 15 (House) - 2025-05-05: House Adopts - SS SCS as amended AYES: 128 NOES: 8 PRESENT: 5 (House) - 2025-05-05: Taken Up (House) - 2025-05-05: Reported Do Pass - AYES: 5 NOES: 2 PRESENT: 0 (House) - 2025-05-05: Voted Do Pass (House) - 2025-05-05: Executive Session Completed (House) - 2025-05-01: Referred: Fiscal Review (House) - 2025-05-01: Reported to the House with... - SS as amended (House) - 2025-05-01: Third Read and Passed with Amendments - AYES: 20 NOES: 11 PRESENT: 0 (Senate) - 2025-05-01: Taken Up (Senate) - 2025-05-01: Reported Do Pass (Senate) - 2025-05-01: Voted Do Pass (Senate) - 2025-05-01: Executive Session Held (Senate) - 2025-04-30: Executive Session Scheduled - Thursday, May 1, 2025, May 1, 2025, 9:35 a.m., Senate Lounge - 3rd Floor - 2025-04-28: Referred: Fiscal Oversight (Senate) - 2025-04-28: SS Adopted - SA 1, SA 3, SA 4, SA 5, adopted (Senate) - 2025-04-28: SS Offered (Senate) - 2025-04-28: Taken Up for Third Reading (Senate) - 2025-04-17: SCS Reported Do Pass (Senate) - 2025-04-08: SCS Voted Do Pass (Senate) - 2025-04-08: Executive Session Held (Senate) - 2025-04-01: Public Hearing Held (Senate) - 2025-04-01: Public Hearing Scheduled - Tuesday, April 1, 2025, 12:00 p.m., Senate Lounge - 3rd Floor (Senate) - 2025-03-24: Second read and referred: Insurance and Banking (Senate) - 2025-03-12: Reported to the Senate and First Read (Senate) - 2025-03-12: Third Read and Passed - AYES: 155 NOES: 0 PRESENT: 0 (House) - 2025-03-12: Taken Up for Third Reading (House) - 2025-03-10: Perfected with Amendments - HA 1 to HA 1, HA 1 as amended adopted (House) - 2025-03-10: Title of Bill - Agreed To (House) - 2025-03-10: Taken Up for Perfection (House) - 2025-02-25: Reported Do Pass - AYES: 9 NOES: 0 PRESENT: 0 (House) - 2025-02-24: Voted Do Pass (House) - 2025-02-24: Executive Session Completed (House) - 2025-02-19: Referred: Rules - Legislative (House) - 2025-02-12: Reported Do Pass - AYES: 13 NOES: 0 PRESENT: 0 (House) - 2025-02-11: Voted Do Pass (House) - 2025-02-11: Executive Session Completed (House) - 2025-02-05: Public Hearing Completed (House) - 2025-01-30: Referred: Financial Institutions (House) - 2025-01-09: Read Second Time (House) - 2025-01-08: Read First Time (House) - 2025-01-07: Prefiled (House) ## Bill text - Truly Agreed, 2025-05-05: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.05T.pdf) - Perfected, 2025-03-10: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499H.02P.pdf) - Committee Substitute, 2025-02-12: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.03C.pdf) - Senate Substitute, 2025-02-12: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.05F.pdf) - Introduced, 2025-01-08: [PDF](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499H.02I.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 - [Truly Agreed (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.05T.pdf) - [Perfected (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499H.02P.pdf) - [Committee Substitute (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.03C.pdf) - [Senate Substitute (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499S.05F.pdf) - [Introduced (PDF)](https://documents.house.mo.gov/billtracking/bills251/hlrbillspdf/1499H.02I.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-HB754-2025 (as of 2026-10-17).