Read 1st time January 16, 1997, and 1,000 copies ordered printed.

Read 2nd time January 22, 1997, and referred to the Committee on Education.

Reported from the Committee February 17, 1997, with recommendation that the bill do pass and be placed on the Consent Calendar.

Taken up March 3, 1997. Read 3rd time and placed upon its final passage; bill passed.

TERRY L. SPIELER, Secretary.

S1027.01P

To amend chapter 181, RSMo, by adding thereto one new section relating

     to the establishment of the Wolfner library trust fund.

Be it enacted by the General Assembly of the State of Missouri, as follows:

     Section A. Chapter 181, RSMo, is amended by adding thereto one new section, to be known as section 181.150, to read as follows:

     181.150. 1. There is hereby established in the state treasury a fund to be known as the "Wolfner Library Trust Fund". The fund shall consist of all moneys received from federal grants, contracts, gifts, bequests or other funds contributed to the Wolfner library for the blind and physically handicapped pursuant to subdivision (6) of section 181.021.

     2. The state treasurer shall invest moneys in the Wolfner library trust fund in the same manner as surplus state funds are invested pursuant to section 30.260, RSMo. All interest which results from the investment of moneys in the Wolfner library trust fund shall be credited to the fund.

     3. Notwithstanding the provisions of section 33.080, RSMo, to the contrary, any unexpended balance including interest accrued in the Wolfner library trust fund shall not be transferred to the general revenue fund of the state treasury at the end of the biennium.

     4. The Wolfner library trust fund shall, upon appropriation, be used for the purposes established pursuant to subdivision (9) of section 181.021.