SECOND REGULAR SESSION

SENATE BILL NO. 828

89TH GENERAL ASSEMBLY


INTRODUCED BY SENATOR MATHEWSON.

Read 1st time January 27, 1998, and 1,000 copies ordered printed.

TERRY L. SPIELER, Secretary.

S3590.01I


AN ACT

To repeal section 33.564, RSMo 1994, relating to the international trade show revolving fund, and to enact in lieu thereof one new section relating to the same subject.


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

Section A.  Section 33.564, RSMo 1994, is repealed and one new section enacted in lieu thereof, to be known as section 33.564, to read as follows:

33.564.  1.  A special revolving fund to be known as the "International [Trade Show] Promotions Revolving Fund" is hereby established within the state treasury.  It shall consist of any fees, gifts, contributions, grants or bequests received by the fund from federal, private or other sources.  No appropriations from the state's general revenue fund shall be made by the general assembly to the international [trade show] promotions revolving fund.

2.  The state treasurer shall be the custodian of the fund and shall make disbursements from it as provided for in appropriations.  The purpose of the international [trade show] promotions revolving fund is to enable the state to represent Missouri corporations and businesses at international [trade shows.] promotions.  For the purposes of this section, promotions shall mean trade shows, catalog shows, trade missions, foreign missions to Missouri, seminars, conferences, promotional catalogs and market research reports.  Moneys appropriated from the fund shall be used for the payment of registration fees, travel expenses, support of staff, fees for translators, the costs of transportation in foreign countries and other necessary expenses associated with attendance at international [trade shows] promotions.

3.  Any moneys remaining in the international [trade show] promotions revolving fund at the end of any fiscal year shall not lapse to the general revenue fund, as provided for in section 33.080, but shall remain in the international [trade show] promotions revolving fund.




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