FIRST REGULAR SESSION

HOUSE BILL NO. 702

97TH GENERAL ASSEMBLY


 

 

INTRODUCED BY REPRESENTATIVES ENGLUND (Sponsor), DAVIS, CONWAY (10), ROORDA, HICKS, ROSS, MCKENNA, BUTLER, FRAME, SWEARINGEN, WEBBER, GOSEN, HINSON, CARPENTER, GANNON, WOOD, HURST, SOLON, DOHRMAN, PIKE, LYNCH, OTTO, BURNS, WALTON GRAY, NETH, COLONA, HANSEN, NEELY, MCCAHERTY, RIZZO, HUMMEL, BAHR AND SHUMAKE (Co-sponsors).

1656L.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk


 

AN ACT

To repeal sections 447.559 and 447.560, RSMo, and to enact in lieu thereof two new sections relating to the sale of unclaimed military medals, with a penalty provision.




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


            Section A. Sections 447.559 and 447.560, RSMo, are repealed and two new sections enacted in lieu thereof, to be known as sections 447.559 and 447.560, to read as follows:

            447.559. All abandoned tangible personal property delivered to the treasurer pursuant to subdivision (4) of section 447.505 that has possible historical significance shall be reviewed as follows:

            (1) The treasurer at the treasurer's discretion shall screen such property to determine if the property indicates a need for further review;

            (2) In the event it is determined that such property needs further review, the treasurer shall make available such property to the state historical society of Missouri for historical review. The state historical society shall issue to the treasurer its report and recommend to the treasurer the appropriate state department or agency to act as custodian of any property deemed to be of such historical significance as to be retained;

            (3) The state historical society shall receive a reasonable fee for its services. If the treasurer and the state historical society cannot agree on the amount of the fee, the commissioner of administration shall determine the fee. The fee shall be paid out of appropriations made from the abandoned fund account;

            (4) The [state treasurer's office] treasurer upon receiving military medals shall hold and maintain such military medals until the original owner or [their] such owner's respective heirs or beneficiaries can be identified and the military medal returned. The treasurer is authorized to make the information described in subsection 4 of section 447.560 available to the public in order to facilitate the identification of the original owner or such owner's respective heirs or beneficiaries. The [state] treasurer may designate a [veteran's] veterans' organization or other appropriate organization as custodian of military medals until the original owner or their respective heirs or beneficiaries are located and to assist the treasurer in identifying the original owner or such owner's respective heirs or beneficiaries; except that, no person or entity entering into an agreement under section 447.581 shall be designated by the treasurer as custodian or military medals, and any agreement to pay compensation to recover or assist in the recovery of military medals delivered to the treasurer is unenforceable.

            447.560. 1. The treasurer shall retain a record of the name and last known address of each person appearing from the holders' reports to be entitled to the abandoned moneys and property and of the name and last known address of each insured person or annuitant, and with respect to each policy or contract listed in the report of a life insurance corporation, its number, the name of the corporation, and the amount due. The record shall be available for public inspection at all reasonable business hours.

            2. Except as specifically provided by this section, no information furnished to the treasurer in the holder reports, including Social Security numbers or other identifying information, shall be open to public inspection or made public. Any officer, employee or agent of the treasurer who, in violation of the provisions of this section, divulges, discloses or permits the inspection of such information shall be guilty of a misdemeanor.

            3. If an amount is turned over to the state that is less than fifty dollars, the amount reported may be made available as public information, along with the name and last known address of the person appearing from the holder report to be entitled to the abandoned moneys; except that, no additional information other than provided for in this section may be released, and any individual other than the person appearing from the holder report to be entitled to the abandoned moneys shall be governed by sections 447.500 to 447.595 and other applicable Missouri law in his or her use or dissemination of such information.

            4. If the abandoned property is a military medal, the treasurer is authorized to make any information, other than Social Security numbers, contained in the holder report and record under subsection 1 of this section, and any photograph or other visual depiction of the military medal available to the public in order to facilitate the identification of the original owner or such owner's respective heirs or beneficiaries as described under subdivision (4) of section 447.559.