Columbia Legislators Propose Loan for Higher Ed Improvements

4 years 1 month 2 weeks ago December 03, 2012 Dec 3, 2012 Monday, December 03 2012 Monday, December 03, 2012 2:11:00 PM CST in News
By: Brian Bondus
Embed Code Copied

JEFFERSON CITY - Rep. Chris Kelly, D-Columbia, said Monday he will sponsor a bill to allow the state of Missouri to borrow money for higher education and capital improvements.  Kelly  has sponsored the bill four previous times in the past four years.

The representative said the money would go to improving mental health institutions, state parks, I-70 and higher education facilities. He cited the University of Missouri's engineering school, the nursing school at UMSL, and the science building in Springfield as places the state could spend the money. He also said the money for these improvements would put many Missourians back to work. 

Kelly's bill has made it out of the house one time--in 2009.  It got stuck on the senate calendar that year. Sen. Kurt Schaefer, R-Columbia, will co-sponsor the bill this year. 

The state of Missouri paid off a $600 million loan this year taken out in 1982.  That, along with low interest rates and cheap construction costs, made Chris Kelly say this is the perfect time for the state to take out a large loan. The 2009 bill called for $700 million.  The later bills called for as much as $800 million.

Kelly said he hopes to get the bond onto the April ballot. The Missouri General Assembly would have to pass the bill and then the governor would put the measure on the ballot. 

Kelly said the main opposition to the bill is inertia, "People who just don't understand or who aren't prepared to move on it."

More News

Grid
List
PHELPS COUNTY - Deputies were dispatched to the intersection of County Road 3000 and County Road 3220 Tuesday around noon... More >>
5 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 10:44:00 PM CST in News
COLUMBIA - A bill sponsored by U.S. Senator Claire McCaskill (D-Missouri) that hopes to cut government waste and increase accountability... More >>
5 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 10:18:00 PM CST in News
JEFFERSON CITY – Governor Eric Greitens gave his first State of the State address Tuesday, just eight days after his... More >>
8 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 7:33:00 PM CST in News
Columbia – The Mayor's Task Force on Medical Tourism met Tuesday to discuss possible recommendations to the Columbia City Council.... More >>
9 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 6:52:00 PM CST in News
COLUMBIA – Concerned community members gathered at Republican U.S. Representative Vicky Hartzler’s office Tuesday to protest a recent development in... More >>
14 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 1:58:00 PM CST in News
COLUMBIA – Higher education institutions have concern over the impact of Governor Greitens' announced budget cuts that will largely decrease... More >>
14 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 1:41:00 PM CST in Continuous News
JEFFERSON CITY - Rep. Kip Kendrick, D-Columbia, filed two bills on Tuesday addressing the rise of student debt. The... More >>
14 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 1:35:00 PM CST in News
CARTHAGE (AP) — Authorities say a 10-year-old girl has died in a southwest Missouri shooting that appears to be accidental.... More >>
16 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 12:01:13 PM CST in News
JEFFERSON CITY (AP) — New Missouri Gov. Eric Greitens will outline his policies on jobs, ethics, public safety and education... More >>
16 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 11:14:00 AM CST in News
ST. LOUIS (AP) — St. Louis' fortunes may be looking up, thanks to a surprising surge in business startups. ... More >>
17 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 11:03:00 AM CST in News
COLUMBIA - Prosecutors have filed charges against one of two men arrested following an assault at the Red Roof Inn... More >>
17 hours ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 10:25:00 AM CST in News
COLUMBIA - An MU associate teaching professor is presenting a petition to the Columbia City Council Tuesday evening on behalf... More >>
1 day ago January 17, 2017 Jan 17, 2017 Tuesday, January 17 2017 Tuesday, January 17, 2017 1:34:00 AM CST in News
COLUMBIA - Almost 50 years after the death of civil rights leader Dr. Martin Luther King Jr., Columbia groups still... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 10:08:00 PM CST in News
SUNRISE BEACH – Buying and selling personal property privately, such as furniture, clothes and cars, is commonplace in today’s world... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 9:18:00 PM CST in News
COLUMBIA - After a budget resolution aimed at repealing Obamacare was reached Jan. 12, groups in Missouri plan to protest... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:50:00 PM CST in News
CALIFORNIA (AP) - Central Missouri Democrats nominated an attorney who formerly worked for the Missouri Senate to run in a... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:36:00 PM CST in News
HILLSBORO (AP) - The Missouri State Highway Patrol says a 28-year-old man died after a four-wheeler he was riding on... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:09:00 PM CST in News
NICKELVILLE (AP) - A southwest Missouri county highway is expected to be closed until Thursday as crews clean up an... More >>
1 day ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:02:00 PM CST in News
Columbia, MO
Broken Clouds 36°
5am 29°
6am 30°
7am 30°
8am 31°

Select a station to view its upcoming schedule:

Coming Up Next

4:00a
Early Today
4:30a
KOMU 8 News Today
5:00a
KOMU 8 News Today
4:00a
Paid Program
4:30a
Paid Program
5:00a
Paid Program

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
Frequency
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld