Wow! What an end to the 2025 Missouri Legislative Session. The Senate imploded on Wednesday and adjourned two days early. The House adjourned Thursday, one day early after spending the day rolling back House Committee Substitutes to pass Senate bills.

While the session ended abruptly, there were several successes for the banking industry. 

SB 98, sponsored by Senator Sandy Crawford, passed and included several provisions to update Missouri’s banking laws, including the trusted contact law that allows a banking or credit union customer to name a trusted contact to be notified when a financial institution identifies suspicious activity on the customer’s account. The provision absolves the financial institution of liability relating to the trusted contact’s actions. 

HB 754, sponsored by Rep. Philip Oehlerking, passed and included several of the SB 98 provisions, including the trusted contact. 

HB 567, sponsored by Rep. Sherri Gallick, modifies the provisions of the minimum wage and sick leave law passed in Proposition A by voters last November by 58%. The revision repeals the new minimum wage schedule and applies the current minimum wage law to public employees. The bill also repeals the new sick leave provisions approved in Proposition A. The collective group that put this issue on the ballot has already filed and formed a committee to put the issue back on the ballot in 2026. However, this time they will put the provisions in the constitution so the legislature cannot change the provisions.

These bills are on the way to Gov. Kehoe for approval.

As always, it is our privilege to work with the MIBA staff and represent your interests with the members of the Missouri General Assembly.