SECOND REGULAR SESSION

[I N T R O D U C E D]

SENATE BILL NO. 670

88th GENERAL ASSEMBLY


S2630.01I

AN ACT

To amend chapter 28, RSMo, by adding thereto one new section relating to the creation of the state document preservation fund.


BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF MISSOURI,

AS FOLLOWS:

Section A. Chapter 28, RSMo, is amended by adding thereto one new section, to be known as section 28.093, to read as follows:

28.093. 1. There is hereby established in the state treasury a special fund to be known as the "State Document Preservation Fund". The fund shall consist of all moneys received from gifts, bequests, contributions or other sources for the specific purpose of preserving legal, historical and genealogical materials.

2. The state treasurer shall invest moneys in the state document preservation fund in the same manner as surplus state funds are invested pursuant to section 30.260, RSMo. All earnings which result from the investment of moneys in the state document preservation fund shall be credited to the fund.

3. Any unexpended balance in the state document preservation fund at the end of any appropriation period shall not be transferred to the general revenue fund of the state treasury and, accordingly, shall be exempt from the provisions of section 33.080, RSMo, relating to the transfer of funds to the general revenue fund of the state treasurer.

4. The general assembly shall appropriate moneys from the fund to the archives division of the office of the secretary of state to be used exclusively to microfilm, microfiche and through any other means to preserve documents of legal, historical and genealogical importance to Missouri. Once each year, the secretary of state shall report to the general assembly on the expenditure of the moneys appropriated to the archives division for the purpose set out in this section.