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Bill

HB 2694

Modifies provisions relating to the transfer of moneys in certain funds at the end of any biennium

2026 Regular Session Introduced by Mike Steinmeyer

HB 2694 permanently shields four dedicated funds (highway patrol, crime Victims’ Compensation, boiler/pressure vessels safety, elevator safety) from end-of-biennium transfers to Ge

Placed Back on Formal Perfection Calendar (H)
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Bill Summary · HB 2694

HB 2694 (2026) – Summary

Purpose
- The bill modifies four existing Missouri statutes to permanently prevent certain designated funds from being transferred to the General Revenue Fund (GRF) at the end of each biennium. The aim is to ensure continued availability of funds for their specific purposes.

Key provisions and changes
- Funds affected and treatment:
1) Highway Patrol Academy Fund (590.145)
- All training moneys received for training peace officers not in the state highway patrol go to the Highway Patrol Academy Fund.
- Balances in this fund shall be used only for operating the patrol academy (repair, maintenance, operation, personal services) and shall not be transferred to GRF at the end of a biennium.
2) Crime Victims' Compensation Fund (595.045)
- Establishes a seven-dollar-and-fifty-cent court surcharge in all criminal, juvenile, and some municipal/infraction proceedings.
- Funds collected are deposited to the Crime Victims' Compensation Fund or the director of Revenue as specified; partial allocations exist for a state forensic laboratory account and for administration/operation of a statewide victim-notification system (if established).
- At the end of each biennium, remaining funds are not swept into GRF; instead, they stay in the fund and are used to pay eligible claims pro rata if funds are insufficient, with priority and ordering rules described.
- Additional provisions govern judgments against offenders to reimburse the fund, record-keeping, audit, and interest allocation to the fund.
- Unexpended balances remain in the fund; not automatically transferred to GRF.
3) Boiler and Pressure Vessels Safety Fund (650.277)
- Fees for inspections, permits, licenses, and certificates are deposited into the Boiler and Pressure Vessels Safety Fund.
- End-of-biennium funds are not swept into GRF; funds are used to support the board’s operations.
4) Elevator Safety Fund (701.377)
- Fees collected for elevator safety are deposited into the Elevator Safety Fund.
- End-of-biennium balances are not transferred to GRF; funds support the elevator safety board’s operations.

  • Reversion and accountability
    • The bill repeals the existing end-of-biennium transfer provisions for these funds and enacts four new sections with the same names but revised language to permanently shield these funds from GRF reversion.
    • The intent is to concentrate ongoing fiscal control over these funds within the respective agencies and boards.

Fiscal and oversight considerations
- The Department of Public Safety and related entities indicate that the changes would keep dedicated funds in their respective accounts, reducing risk of one-time “sweeps” to GRF.
- The fiscal note projects net impacts primarily as shifting existing balances from GRF to the respective funds:
- General Revenue Fund would see a substantial reduction in reversion (approximately a $4.7 million shift initially, with unknowns in later years).
- Each affected fund would retain its current balance and receive a portion of ongoing revenues otherwise swept to GRF.
- Audits, reporting, and statutory compliance requirements remain in place, including monthly/biannual reporting and biennial audits.

Effective date and timeline
- The changes would take effect upon passage and apply to end-of-biennium fund balances going forward, with ongoing operations funded from the protected funds.

Impact overview
- Pros: Greater predictability and stability for programs funded by these dedicated accounts; reduces volatility from biennial budget sweeps; aligns funding with designated purposes (training, victim services, industrial safety, elevator safety).
- Cons: Reduces legislative review of fund balances and broader budget flexibility; increases the autonomy of certain funds from the General Assembly’s appropriation process.

Sponsors
- Primary sponsor: Representative Steinmeyer (co-sponsor: Mike Steinmeyer)

Overall, HB 2694 seeks to lock in the balances of four dedicated funds and prevent automatic transfers to General Revenue at the end of each biennium, ensuring program continuity and predictability.

Compiled from official sources — confirm details with the bill’s official record.

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