Creates a new fund for moneys received from the sale of real property owned by the state

Passed Legislature

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

Sponsor: Gregory (15), David; House handler: N/A
Last action: 2026-03-23
Official status: Voted Do Pass S Government Efficiency Committee
Effective date: 2026-08-28

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2026-03-23 Missouri House of Representatives and Missouri Senate
Voted Do Pass S Government Efficiency Committee
2026-03-23 Missouri House of Representatives and Missouri Senate
Hearing Conducted S Government Efficiency Committee
2026-03-09 Missouri House of Representatives and Missouri Senate
Hearing Cancelled S Government Efficiency Committee
2026-02-05 S309
Second Read and Referred S Government Efficiency Committee
2026-01-20 S202
S First Read

Official Summary Text

The following summaries of this bill are available:

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Introduced

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SB 1578 - This act creates the "Real Estate Fund" in the state treasury, which shall consist of money received from the sale of real property owned by the State of Missouri. The fund shall be administered by the Commissioner of Administration or his or her designee for the purposes of acquiring interest in real property to be used to support state operations. The following moneys shall be deposited to this fund, unless required by statute or constitutional provision to be deposited in some other specifically named fund:
• Any money or proceeds resulting from a real property transaction involving State-owned property; and
• Any funds appropriated to the fund by the General Assembly or otherwise credited to the fund.

The Commissioner of Administration shall prepare an annual report of all receipts and expenditures from the fund.

This act is identical to SB 536 (2025).
SCOTT SVAGERA