Missouri 2026 Regular Session

Missouri House Bill HB3172

Caption

Requires state departments to exhaust all available funds before spending money allocated from general revenue

Impact

The implications of HB3172 on state laws could be significant. By legally requiring state departments to prioritize the use of alternative funding sources, the bill could lead to more efficient budget management and potentially prevent unnecessary depletion of the general revenue fund. This approach might encourage departments to actively seek out and utilize federal or dedicated funds more effectively, thereby securing additional resources for state projects. The bill's passage could aid in stabilizing the state's financial condition by aligning spending practices with available funding.

Summary

House Bill 3172, known as the State Fiscal Responsibility Preservation Act, mandates that all state departments in Missouri must utilize all available funding sources -- including federal and dedicated funds -- prior to tapping into the general revenue budget. This legislative measure aims to ensure that state funds are managed prudently and that general revenue allocations are preserved for necessary expenditures only after all other sources have been exhausted. By instituting this requirement, the bill reflects a commitment to enhancing fiscal discipline within state financial operations.

Contention

Despite the intended positive outcomes of HB3172, there may be points of contention surrounding its implementation. Critics might argue that the requirements laid out in the bill could complicate funding processes for state departments, especially those reliant on timely access to general revenue for critical programs. Additionally, concerns may arise over the administrative burden that could be placed on departments in tracking and accessing various funding sources. This aspect could fuel debates over the efficacy and practicality of enforcing such a mandate in a diverse range of departmental operations.

Companion Bills

No companion bills found.

Previously Filed As

MO HB742

Prohibits state departments from spending money on diversity, equity, and inclusion initiatives

MO SB120

Modifies provisions relating to the expenditure of moneys in funds by certain state departments

MO SB535

Authorizes, rather than requires, state moneys from the sale of surplus property to be deposited in the "Missouri State Surplus Property Clearing Fund"

MO SB152

Creates new provisions relating to foreign spending in state ballot measure elections

MO SB586

Modifies which revenue sources shall be deposited into the State Road Fund

MO SB555

Modifies the Tourism Supplemental Revenue Fund

MO HJR1

Proposes a constitutional amendment to impose an appropriation spending limitation and to establish the "Tax Reform Fund" to be used to fund budgetary shortfalls, subject to an appropriation limitation, implement sales tax changes, and allow for certain taxation changes based on revenue triggers, by general law

MO HJR35

Proposes a constitutional amendment to impose an appropriation spending limitation and to establish the "Tax Reform Fund" to be used to fund budgetary shortfalls, subject to an appropriation limitation, implement sales tax changes, and allow for certain taxation changes based on revenue triggers, by general law

MO SB627

Requires the University of Missouri to enter into an agreement with the State Treasurer to establish a separate custodial account for moneys in the University's Seminary Fund

MO HB869

Requires an audit of all state departments every four years

Similar Bills

No similar bills found.