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SB 20 - This act provides that the terms of those active employee members serving on the Board of Trustees of the Missouri Department of Transportation and Highway Patrol Employees' Retirement System on August 28, 2026, shall continue until June 30, 2028. The terms of the active employee members shall be four years after June 30, 2028. This act is identical to a provision in the truly agreed to and finally passed HCS/SS/SB 75 (2023), in the perfected HCS/HB 155 (2023), in HCS/SB 155 (2023), in HCS/HB 222 (2023), in HCS/HB 257 (2023), in HCS/HB 496 (2023), HB 923 (2023), in SCS/HCS/HB 934 (2023), SB 1053 (2022), HCS/HB 1984 (2022), and in HCS/HB 2799 (2022), and is substantially similar to a provision in SB 618 (2021), HCB 1 (2021), HB 1418 (2021), and HB 2165 (2020). KATIE O'BRIEN HA #1: THIS AMENDMENT CHANGES THE TITLE OF THE ACT TO "RELATING TO RETIREMENT SYSTEMS." HA #2: THIS AMENDMENT MODIFIES PROVISIONS RELATING TO THE SHERIFFS' RETIREMENT SYSTEM (SECTIONS 57.952 TO 57.991). THIS AMENDMENT IS IDENTICAL TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #3: THIS AMENDMENT MODIFIES THE ACTUARIAL AMORTIZATION AND COST METHODS FOR MOSERS (SECTION 104.436). THIS PROVISION IS IDENTICAL TO SB 77 (2023). THIS AMENDMENT ESTABLISHES THE SHOW-ME MYRETIREMENT SAVINGS PLAN (SECTIONS 285.1000 TO 285.1055). THIS PROVISION IS IDENTICAL TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #4: THIS AMENDMENT MODIFIES PROVISIONS RELATING TO WORKING AFTER RETIREMENT FOR MEMBERS OF PSRS, PEERS, AND KCPSRS (SECTIONS 169.070, 169.331, 169.560 & 169.596). THIS AMENDMENT IS SUBSTANTIALLY SIMILAR TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #5: THIS AMENDMENT MODIFIES PROVISIONS RELATING TO SURVIVING SPOUSE BENEFITS FOR MEMBERS OF THE POLICE RETIREMENT SYSTEM OF ST. LOUIS (SECTIONS 86.253 TO 86.287). THIS AMENDMENT IS IDENTICAL TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #6: THIS AMENDMENT PROVIDES THAT PUBLIC INSTITUTIONS OF HIGHER EDUCATION'S MEETINGS, RECORDS, AND VOTES REGARDING INVESTMENTS IN OR FINANCIAL TRANSACTIONS WITH BUSINESS ENTITIES CLOSED (SECTION 173.1205). THIS AMENDMENT IS IDENTICAL TO SB 691 (2023). HA #7: THIS AMENDMENT MODIFIES PROVISIONS RELATING TO MEMBERS OF MOSERS & MPERS WORKING AFTER RETIREMENT AS MEMBERS OF THE GENERAL ASSEMBLY OR STATEWIDE ELECTED OFFICIAL (SECTIONS 104.380 & 104.1039). THIS AMENDMENT IS IDENTICAL TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #8: THIS AMENDMENT REPEALS THE SUNSET FOR THE INCOME TAX DEDUCTION FOR SELLING EMPLOYER SECURITIES TO A QUALIFIED MISSOURI EMPLOYEE STOCK OWNERSHIP PLAN (SECTION 143.114). THIS AMENDMENT IS IDENTICAL TO A PROVISION IN SB 247 (2023). HA #9: THIS AMENDMENT MODIFIES VARIOUS PROVISIONS RELATING TO MPERS, MOSERS, AND THE JUDICIAL PLAN (SECTIONS 104.010, 104.020, 104.035, 104.090, 104.130, 104.170, 104.200, 104.312, 104.410, 104.436, 104.490, 104.515, 104.625, 104.810, 104.1003, 104.1018, 104.1024, 104.1051, 104.1060, 104.1066, 104.1072, 104.1084, 104.1091 & 476.521). THIS AMENDMENT IS SUBSTANTIALLY SIMILAR TO PROVISIONS IN SCS/HCS/HB 934 (2023). HA #10: THIS AMENDMENT RELATING TO SPEECH IMPLEMENTERS CERTIFICATION AND SOCIAL SECURITY COVERAGE (SECTION 168.082). THIS AMENDMENT IS SUBSTANTIALLY SIMILAR TO SCS/HCS/HB 934 (2023).
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