MBA Legislative Update masthead
February 9, 2024

After six weeks of session, the Missouri Senate remains in gridlock. The upper chamber has yet to approve a single bill this year. Senate leadership brought a bill to the floor this week, but it was laid over after a few hours when a point of order was raised on an amendment offered during floor debate.

The Missouri Credit Union Association will host its advocacy day next week. Hundreds of credit union employees and members will be at the Capitol to lobby for an expansion to their current field of membership law. House Bill 2452 and Senate Bill 846 have not had hearings yet, but credit union supporters will certainly be making that push.

MBA strongly encourages all bankers to register for Target Bankers. We need strong representation inside the Capitol to discuss the credit union issue, as well as the bills we are supporting, with lawmakers. The following provides a quick update on some of the measures MBA supports this session.

Cap Increase for MOBUCK$ (Linked Deposit) Program

  • House Bill 1803 — approved by House Financial Institutions Committee and eligible for debate by the House of Representatives
  • Senate Bill 736 — approved by Senate Insurance & Banking Committee

Allows Banks to Pass Through Credit Report Costs for Consumer Loans

Money Transmitter Modernization Act (Conference of State Bank Supervisors Model Language)

Prohibits Local Governments from Imposing a Moratorium on Eviction Proceedings

MBA Resources

Target Banker Program

Make your voice heard! Become a Target Banker so lawmakers in Jefferson City hear directly from you, their constituents, about how issues important to the banking industry affect their districts.

woman ipad earbuds

Listen To MBA's New Podcast

Have you listened to Our Two Cents with MBA podcast? It's available on iTunes, Apple PodcastsGoogle Podcasts and Spotify. Give it a try, and let us know what you think.

apply now

MBA Job Board

Visit MBA's Job Board to learn more about these exciting opportunities.
  • The Bank of Prairie Village in metropolitan Kansas City has opportunities for a credit analyst and banking associate to join its team.
  • Ozark Bank seeks a compliance officer to oversee and coordinate regulatory compliance and risk management.