1575L.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk



To repeal section 215.020, RSMo, and to enact in lieu thereof one new section relating to the housing development commission.

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

            Section A. Section 215.020, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 215.020, to read as follows:

            215.020. 1. There is hereby created and established as a governmental instrumentality of the state of Missouri the "Missouri Housing Development Commission" which shall constitute a body corporate and politic. Beginning July 1, 2012, all offices of the commission shall be in Cole County, and all employees of the commission shall maintain employment in Cole County.

            2. The commission shall consist of the governor, lieutenant governor, the state treasurer, the state attorney general, and six members to be selected by the governor, with the advice and consent of the senate. The persons to be selected by the governor shall be individuals knowledgeable in the areas of housing, finance or construction. Not more than four of the members appointed by the governor shall be from the same political party. The members of the commission appointed by the governor shall serve the following terms: Two shall serve two years, two shall serve three years, and two shall serve four years, respectively. Thereafter, each appointment shall be for a term of four years. If for any reason a vacancy occurs, the governor, with the advice and consent of the senate, shall appoint a new member to fill the unexpired term. Members are eligible for reappointment.

            3. Six members of the commission shall constitute a quorum. No vacancy in the membership of the commission shall impair the right of a quorum to exercise all the rights and perform all the duties of the commission. No action shall be taken by the commission except upon the affirmative vote of at least six of the members of the commission.

            4. Each member of the commission appointed by the governor is entitled to compensation of fifty dollars per diem plus his reasonable and necessary expenses actually incurred in discharging his duties under sections 215.010 to 215.250.

            5. Beginning July 1, 2012, the executive director or the chief executive officer of the Missouri housing development commission shall reside within a forty-mile radius of the city of Jefferson City.