HB 1170 -- Missourians Helping Missourians Trust Fund

Co-Sponsors:  Crowell, Hendrickson

This bill establishes the Missourians Helping Missourians Trust
Fund in the state treasury.  The purpose of the fund is to
provide financial assistance to eligible Missouri residents who
have a gross income equal to or less than 300% of the federal
poverty level for a single person, who are being treated for a
life threatening illness, and who have no insurance coverage for
the needed medical treatment.

Moneys in the fund will be used solely by the Division of Medical
Services in the Department of Social Services for the purpose as
stated.  If requirements, terms, or conditions are attached to
certain moneys received by the fund, the division is required to
expend these moneys as required.  Moneys in the fund are
prohibited from supplanting any existing program or service.
Disbursement requirements and criteria for eligible applicants
are contained in the bill.

The State Treasurer is required to deposit all amounts received
from individual and corporate contributors and all other gifts,
grants, bequests, and other sources of revenue into the fund.
The State Treasurer is also required to invest all moneys in the
fund in a manner similar to that required by Section 30.260,
RSMo.

The bill allows the General Assembly to appropriate moneys
annually from the fund to the Department of Revenue to cover
costs associated with collecting and transferring contributions
into the fund that are received from individuals and corporations
beginning in tax year January 1, 2003.  The unexpended balance
remaining in the fund is prohibited from being transferred to the
credit of the General Revenue Fund.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:00 am