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HB3232 • 2026

Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Gragg, Jamie Ray (140)
Last action
2026-05-15
Official status
05/15/2026 - Referred: Emerging Issues(H)
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.

Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

What This Bill Does

  • Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

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.

Bill History

  1. 2026-05-15 Missouri House of Representatives and Missouri Senate

    Referred: Emerging Issues(H)

  2. 2026-02-10 Missouri House of Representatives and Missouri Senate

    Read Second Time (H)

  3. 2026-02-09 Missouri House of Representatives and Missouri Senate

    Introduced and Read First Time (H)

Official Summary Text

Requires utility companies with more than twenty-five percent foreign ownership to divest by December 31, 2041

Current Bill Text

Read the full stored bill text 
SECOND REGULAR SESSION
HOUSE BILL NO. 3232
103RD GENERAL ASSEMBL Y
INTRODUCED BY REPRESENT A TIVE GRAGG.
5678H.01I JOSEPH ENGLER, Chief Clerk
AN ACT
T o amend chapter 1, RSMo, by adding thereto one new section relating to foreign ownership
of electrical corporations.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Chapter 1, RSMo, is amended by adding thereto one new section, to be
2 known as section 1.520, to read as follows:
1.520. Any electrical corporation, as such term is defined in section 386.020, with
2 mor e than twenty-five per cent ownership by a for eign entity shall divest of such
3 ownership or cease operations in this state befor e December 31, 2041. The attorney
4 general may enfor ce the provi sions of this section.
✔
EXPLANA TION — Matter enclosed in bold-faced brackets [thus] in the above bill is not enacted and is
intended to be omitted from the law . Matter in bold-face type in the above bill is proposed language.