SB 452 – Allows qualified companies that file for bankruptcy protection to continue to receive quality jobs benefits provided certain conditions are met

• Sponsor: Cunningham
• LR Number: 2090S.01I
• Committee: Financial and Governmental Organizations and Elections
• Last Action: 2/26/2009 - Second Read and Referred S Financial and Governmental Organizations and Elections Committee
• Journal Page: S424
• Effective Date: August 28, 2009

Current Bill Summary

SB 452 - This act allows qualified companies receiving benefits under the Missouri Quality Jobs Act to continue to receive benefits after filing for, or publically announcing an intention to seek, bankruptcy protection, provided certain conditions are met.

This act is similar to provisions contained in the SCS/SB 45 (2009) and SCS/HCS/HB 191 (2009).

JASON ZAMKUS