FIRST REGULAR SESSION

HOUSE BILL NO. 1026

97TH GENERAL ASSEMBLY

INTRODUCED BY REPRESENTATIVE JONES (50).

2243H.01I                                                                                                                                                  D. ADAM CRUMBLISS, Chief Clerk

AN ACT

To repeal section 513.623, RSMo, and to enact in lieu thereof one new section relating to the disposition of seized property.

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

            Section A. Section 513.623, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 513.623, to read as follows:

            513.623. The clear proceeds of any sale or disposition after satisfaction of the interest of any innocent party and after payment of the reasonable costs of the CAFA proceeding, including reasonable storage costs as assessed by the court, if any, shall be distributed [pursuant to section 7 of article IX of the Constitution of the state of Missouri] as follows:

            (1) Fifty percent to local public schools;

            (2) Forty percent to the seizing law enforcement agency; and

            (3) Ten percent to the county general revenue fund.

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