HB 1503
Modifies provisions regarding loans for veteran-owned small businesses, license plates for veterans, professional licensure for military spouses, and the Missouri reserve military force
Sponsor:
LR Number:
4511S.07T
Last Action:
6/1/2018 - Signed by Governor
Journal Page:
Title:
SCS HCS#2 HB 1503
Calendar Position:
Effective Date:
August 28, 2018
House Handler:

Current Bill Summary

SCS/HCS #2/HB 1503 - This act modifies varies provisions relating to military affairs.

SMALL BUSINESS LOANS (30.750, 30.756, 620.3250)

This act requires preference to be given to veteran-owned small businesses when a lending institution is issuing reduced-rate loans under the Linked Deposit Program. The owner of a veteran-owned small business that receives a reduced-rate loan under this act is required to complete an approved "boots-to-business" program and meet with a mentor once every 90 days for 365 days following the date of the loan approval.

These provisions are substantially similar to provisions in the truly agreed to and finally passed version of SB 573 (2018).

STATE DEFENSE FORCE (41.050, 41.070, 41.080, 41.110, 41.260, 41.450, 41.460, 41.490, 41.500, and 115.013)

This act changes the name of the Missouri reserve military force to the Missouri state defense force.

These provisions are identical to the truly agreed to and finally passed version of HB 1469 (2018) and SCS/HB 871 (2017).

DISABLED VETERAN LICENSE PLATES (301.074 and 301.075)

Currently, a person eligible to receive disabled veteran license plates may receive one set of the plates and shall not be charged a fee to receive them.

This act provides that a person may license a second or subsequent motor vehicle for disabled veteran plates, subject to the regular registration and personalized license plate fees.

These provisions are identical to SB 812 (2018) and to provisions in the truly agreed to and finally passed version of SB 881 (2018).

CONGRESSIONAL MEDAL OF HONOR LICENSE PLATES (301.145)

The act also updates a reference to a repealed section of law regarding license plate design, and specifies that there shall be no fee charged for Congressional Medal of Honor license plates in addition to regular registration fees.

This provision is identical to HB 2037 (2018) and to a provision in the truly agreed to and finally passed version of SB 881 (2018).

PROFESSIONAL LICENSURE OF SPOUSES OF MEMBERS OF THE ARMED FORCES (324.006)

This act requires professional licensing boards and commissions to give first priority in the processing of all professional licensure applications to spouses of members of the active duty component of the Armed Forces.

This provision is similar to HB 1552 (2018) and HB 318 (2017).

JESSI JAMES

Amendments