Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
Labor
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Sponsor
Oehlerking, Philip (100)
Last action
2026-04-21
Official status
04/21/2026 - Second read and referred: Insurance and Banking(S)
Effective date
2026-08-28
Plain English Breakdown
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
What This Bill Does
Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
Limits and Unknowns
This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Amendments
These notes stay tied to the official amendment files and metadata from the legislature.
Plain English: 6806H01.01H
HB 3107
House _____________________________________________________ Amendment NO.____
Offered By
_____________________________________ ___________________________________
Action Taken___________________________________________ Date __________________
Page 1 of 1
1 AMEND House Bill No.
6806H01.01H
HB 3107
House _____________________________________________________ Amendment NO.____
Offered By
_____________________________________ ___________________________________
Action Taken___________________________________________ Date __________________
Page 1 of 1
1 AMEND House Bill No.
3107, Page 1, Section 361.1300, Line 10, by inserting after all of said
2 line the following:
3
4 "(b) The Missouri Division of Credit Unions and its successors;"; and
5
6 Further amend said bill, page, and section, Lines 11 to 15, by renumbering all subsequent
7 paragraphs accordingly; and
8
9 Further amend said bill, page, and section, Line 16, by inserting after the first instance of the
10 word "a" the word "published"; and
11
12 Further amend said bill and section, Page 2, Lines 25 to 26, by deleting the words: "or
13 communicated directly to the financial institution"; and
14
15 Further amend said bill by amending the title, enacting clause, and intersectional references
16 accordingly.
Plain English: 6806H01.03H
HB 3107
HOUSE AMENDMENT NO.____
TO
HOUSE AMENDMENT NO.____
Offered By
_____________________________________ ___________________________________
Action Taken_________________________________________ Date ___________________
Page 1
of 2
1 AMEND House Amendment No._____ to House Bill No.
6806H01.03H
HB 3107
HOUSE AMENDMENT NO.____
TO
HOUSE AMENDMENT NO.____
Offered By
_____________________________________ ___________________________________
Action Taken_________________________________________ Date ___________________
Page 1
of 2
1 AMEND House Amendment No._____ to House Bill No.
3107, Page 1, Line 1, by inserting
2 after "Section 361.1300," the following:
3
4 "Lines 3-4, by deleting said lines and inserting in lieu thereof the following:
5
6 "credit union, or any other federally insured depository financial institution that is organized and
7 operating according to the laws of any state, the"; and
8
9 Further amend said bill, page, and section,"; and
10
11 Further amend said amendment and page, Lines 9-13, by deleting said lines and inserting in lieu
12 thereof the following:
13
14 "Further amend said bill and section, Pages 1-2, Lines 16-27, by deleting said lines and inserting
15 in lieu thereof the following:
16
17 "(3) "Written guidance", a bulletin or industry letter issued under section 361.106 or a
18 public interpretative letter or statement of no action as described in subsection 5 of section
19 362.103.
"Written guidance" includes, but is not limited to:
20 (a) Mandatory mortgage loan disclosures, as may be required by the Truth in"; and
21
22 Further amend said bill and section, Page 2, by renumbering subsequent paragraphs accordingly;
23 and
24
25 Further amend said bill, page, and section, Line 31, by inserting after the word "thereunder;" the
26 word "and"; and
27
28 Further amend said bill, page, and section, Lines 35-39, by deleting all of said lines and inserting
29 in lieu thereof the following words "promulgated thereunder."; and
30
31 Further amend said bill, page, and section, Lines 40-45, by deleting said lines and inserting in
32 lieu thereof the following:
33
6806H01.03H
Page 2
of 2
1 "2.
(1) Notwithstanding any other provision of law to the contrary, there shall be a
2 rebuttable presumption that a financial institution is not civilly liable under the laws of this state
3 for any act or omission made by the institution in order to comply with any applicable rule,
4 regulation, or written guidance in effect at the time of the act or omission."; and
5
6 Further amend said bill, page, and section, Line 49, by inserting after all of said line the
7 following:
8
9 "(3) The immunity from liability provided by this section shall not affect the institution's
10 civil liability pursuant to 16 CFR 433 et seq or subdivision (5) of section 400.2-210."; and"; and
11
12 Further amend said bill by amending the title, enacting clause, and intersectional references
13 accordingly.
Plain English: 6806H01.04H
HB 3107
HOUSE AMENDMENT NO.____
TO
HOUSE AMENDMENT NO.____
Offered By
_____________________________________ ___________________________________
Action Taken_________________________________________ Date ___________________
Page 1
of 2
1 AMEND House Amendment No._____ to House Bill No.
6806H01.04H
HB 3107
HOUSE AMENDMENT NO.____
TO
HOUSE AMENDMENT NO.____
Offered By
_____________________________________ ___________________________________
Action Taken_________________________________________ Date ___________________
Page 1
of 2
1 AMEND House Amendment No._____ to House Bill No.
3107, Page 1, Line 1, by inserting
2 after "Section 361.1300," the following:
3
4 "Lines 3-4, by deleting said lines and inserting in lieu thereof the following:
5
6 "credit union, or any other federally insured depository financial institution that is organized and
7 operating according to the laws of any state, the"; and
8
9 Further amend said bill, page, and section,"; and
10
11 Further amend said amendment and page, Lines 9-13, by deleting said lines and inserting in lieu
12 thereof the following:
13
14 "Further amend said bill and section, Pages 1-2, Lines 16-27, by deleting said lines and inserting
15 in lieu thereof the following:
16
17 "(3) "Written guidance", a bulletin or industry letter issued under section 361.106 or a
18 public interpretative letter or statement of no action as described in subsection 5 of section
19 362.103.
"Written guidance" includes, but is not limited to:
20 (a) Mandatory mortgage loan disclosures, as may be required by the Truth in"; and
21
22 Further amend said bill and section, Page 2, by renumbering subsequent paragraphs accordingly;
23 and
24
25 Further amend said bill, page, and section, Line 31, by inserting after the word "thereunder;" the
26 word "and"; and
27
28 Further amend said bill, page, and section, Lines 35-39, by deleting all of said lines and inserting
29 in lieu thereof the following words "promulgated thereunder."; and
30
31 Further amend said bill, page, and section, Lines 40-45, by deleting said lines and inserting in
32 lieu thereof the following:
33
6806H01.04H
Page 2
of 2
1 "2.
(1) Notwithstanding any other provision of law to the contrary, there shall be a
2 rebuttable presumption that a financial institution is not civilly liable under the laws of this state
3 for any act or omission made by the institution in order to comply with any applicable rule,
4 regulation, or written guidance in effect at the time of the act or omission."; and
5
6 Further amend said bill, page, and section, Line 49, by inserting after all of said line the
7 following:
8
9 "(3) The immunity from liability provided by this section shall not affect the institution's
10 civil liability pursuant to 16 CFR 433 et seq or subdivision (5) of section 400.2-210."; and"; and
11
12 Further amend said bill by amending the title, enacting clause, and intersectional references
13 accordingly.
Bill History
2026-04-21Missouri House of Representatives and Missouri Senate
Second read and referred: Insurance and Banking(S)
2026-04-13Missouri House of Representatives and Missouri Senate
Reported to the Senate and First Read (S)
2026-04-09Missouri House of Representatives and Missouri Senate
Placed on the Informal Third Reading Calendar (H)
2026-04-09Missouri House of Representatives and Missouri Senate
Taken Up for Third Reading (H)
2026-04-09Missouri House of Representatives and Missouri Senate
Third Read and Passed (H) - AYES: 88 NOES: 49 PRESENT: 2
2026-04-07Missouri House of Representatives and Missouri Senate
Taken Up for Perfection (H)
2026-04-07Missouri House of Representatives and Missouri Senate
Title of Bill - Agreed To
2026-04-07Missouri House of Representatives and Missouri Senate
Perfected with Amendments (H) - HA 1, adopted
2026-03-23Missouri House of Representatives and Missouri Senate
Placed on the Informal Perfection Calendar (H)
2026-03-03Missouri House of Representatives and Missouri Senate
Executive Session Completed (H)
2026-03-03Missouri House of Representatives and Missouri Senate
Voted Do Pass (H)
2026-03-03Missouri House of Representatives and Missouri Senate
Reported Do Pass (H) - AYES: 7 NOES: 0 PRESENT: 2
2026-02-23Missouri House of Representatives and Missouri Senate
Referred: Rules - Administrative(H)
2026-02-18Missouri House of Representatives and Missouri Senate
Executive Session Completed (H)
2026-02-18Missouri House of Representatives and Missouri Senate
Voted Do Pass (H)
2026-02-18Missouri House of Representatives and Missouri Senate
2026-02-11Missouri House of Representatives and Missouri Senate
Public Hearing Completed (H)
2026-02-04Missouri House of Representatives and Missouri Senate
Referred: Financial Institutions(H)
2026-01-29Missouri House of Representatives and Missouri Senate
Read Second Time (H)
2026-01-28Missouri House of Representatives and Missouri Senate
Introduced and Read First Time (H)
Official Summary Text
Explains requirements for written guidance provided by an agency in response to an inquiry by a financial institution and sets forth the civil actions that can be brought for a fraudulent act or intentional misconduct of the financial institution
Current Bill Text
Read the full stored bill text
UNOFFICIAL COPY
SECOND REGULAR SESSION
103rd General Assembly
State of Missouri - House of Representatives
HBs 3rd READ - INFORMAL
HB 3107
OEHLERKING (100)
WRITTEN GUIDANCE FOR FINANCIAL INSTITUTIONS
6806H.01P
4/9/2026Date :Session Day : 49
Roll Call : 14
Y - ALLEN N - DURNELL Y - LEWIS Y - SEITZ
Y - AMATO @ - EALY Y - LOY Y - SELF
N - ANDERSON N - ELLIOTT @ - LUCAS P - SHARP 37
@ - APPELBAUM Y - FALKNER N - MACKEY Y - SHARPE 4
N - AUNE Y - FARNAN N - MANSUR Y - SHIELDS
Y - BANDERMAN N - FOGLE Y - MARTIN Y - SIMMONS
N - BARNES @ - FOUNTAIN HENDERS @ - MATTHIESEN N - SMITH 46
Y - BILLINGTON Y - FOWLER Y - MAYHEW N - SMITH 68
Y - BLACK N - FUCHS Y - MCGAUGH N - SMITH 74
Y - BOGGS Y - GALLICK Y - MCGIRL N - STEINHOFF
N - BOSLEY Y - GRAGG Y - MEIRATH @ - STEINMETZ
N - BOYKIN Y - GRIFFITH Y - MILLER Y - STEINMEYER
N - BOYKO Y - HADEN N - MOSLEY Y - STINNETT
Y - BROMLEY N - HALES Y - MURPHY N - STRICKLER
Y - BROWN Y - HALEY N - MURRAY Y - TAYLOR 48
N - BURTON Y - HARBISON Y - MYERS N - TAYLOR 84
N - BUSH N - HARDWICK Y - NOLTE N - TERRY
Y - BUSICK Y - HAUSMAN Y - OEHLERKING N - THOMAS
N - BUTZ P - HEIN Y - OVERCAST Y - THOMPSON
N - BYRNES Y - HEWKIN Y - OWEN Y - TITUS
Y - CASTEEL Y - HINMAN Y - PARKER Y - VANSCHOIACK
Y - CATON Y - HOVIS Y - PERKINS Y - VEIT
Y - CHAPPELL Y - HRUZA @ - PETERS Y - VERNETTI
Y - CHRIST Y - HURLBERT Y - PHELPS Y - VIOLET
N - CHRISTENSEN N - INGLE N - PLANK Y - VOSS
N - CLEMENS Y - IRWIN Y - POLLITT N - WALSH MOORE
@ - COLEMAN N - JACOBS Y - POUCHE Y - WARWICK
N - COLLINS @ - JAMISON @ - PRICE N - WEBER
Y - COOK N - JOBE N - PROUDIE @ - WELLENKAMP
Y - COSTLOW @ - JOHNSON N - REED @ - WEST
@ - CROSSLEY Y - JONES 12 Y - REEDY Y - WHALEY
@ - CUPPS N - JONES 88 Y - REUTER Y - WILLIAMS
Y - DAVIDSON N - JORDAN Y - RIGGS Y - WILSON
N - DAVIS Y - JUSTUS Y - RILEY N - WOLFIN
N - DEAN Y - KALBERLOH Y - ROBERTS N - WOODS
Y - DEATON @ - KEATHLEY @ - RUSH Y - WRIGHT
Y - DIEHL Y - KELLEY Y - SASSMANN N - YOUNG
Y - DOLAN @ - KIMBLE Y - SCHMIDT N - ZIMMERMANN
N - DOLL Y - KNIGHT Y - SCHULTE Y - MR SPEAKER
N - DOUGLAS @ - LAUBINGER
Total Yes : 88 Total Present : 2
Total No : 49 Total Absent : 19
Vacancies : 5