House Launches Bond Issue Effort

4 years 6 months 4 weeks ago Wednesday, January 23 2013 Jan 23, 2013 Wednesday, January 23, 2013 2:15:00 PM CST January 23, 2013 in News
By: Garrett Bergquist
loading

JEFFERSON CITY - House leaders from both parties said Wednesday they were eager to work on ideas for a nearly billion-dollar bond proposal for education and state infrastructure.

House Speaker Tim Jones, a Republican from Eureka, said he had put Columbia Democratic Rep. Chris Kelly in charge of a committee tasked with evaluating bond issue proposals. Kelly said he felt the bond issue could be the biggest jobs bill in state history.

"Where it goes is an organic process which our committee, the Budget Committee and ultimately the floor will work on," Kelly said.

Kelly said Columbia in particular would benefit from the bond because of the state's large health and education sectors. He said a healthy state economy would benefit the city.

Jones said no specifics have been set for what the bond would cover, but he said areas that should benefit from the bond include construction on college campuses, state-run mental health institutions and transportation infrastructure. He said the current low interest rates make this a good time to issue bonds.

"I view this as a policy issue and one that is not partisan at all," Jones said.

Not all legislators are sold on the issue. Sen. Ed Emery, R-Lamar, voted against a similar proposal when he was in the house in 2009 and has misgivings about borrowing money for an uncertain future. He said doing this puts the entire state at risk.

The last such bond was a $600 million bond passed in 1982, which the state has since paid off. Sen. Kurt Schaefer, R-Columbia, has already proposed a $950 million bond in the senate. That bill, the text of which Kelly said his committee will start with, would set aside at most $250 million for state buildings, facilities and projects.

More News

Grid
List
CALLAWAY COUNTY - Callaway County Sheriff's deputies, state troopers and a SWAT team on Wednesday surrounded a home where an... More >>
33 minutes ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 5:55:00 PM CDT August 23, 2017 in News
COLUMBIA - On Friday, The University of Missouri Board of Curators are expected to approve the Memorial Stadium South Expansion... More >>
2 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:58:00 PM CDT August 23, 2017 in News
JEFFERSON CITY - Missouri Gov. Eric Greitens once again pushed for Sen. Maria Chappelle-Nadal (D-St. Louis) to resign after her... More >>
2 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:42:00 PM CDT August 23, 2017 in News
COLUMBIA – Graduate students at the University of Missouri say while they've achieved a lot of success in the past... More >>
2 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:41:00 PM CDT August 23, 2017 in News
COLUMBIA – The solar eclipse has come and gone, and Columbia is saying the once-in-a-lifetime event brought around $1.36 million... More >>
2 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:39:00 PM CDT August 23, 2017 in News
JEFFERSON CITY, Mo. (AP) — Gov. Eric Greitens announced appointments to several boards and commissions, including three new members of... More >>
3 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:25:30 PM CDT August 23, 2017 in News
COLUMBIA - Traffic in downtown Columbia is already chaotic, especially due to the ongoing construction near campus. Throw in... More >>
3 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 3:25:00 PM CDT August 23, 2017 in News
COLUMBIA - The Powerball jackpot has reached its' second highest total in history, estimated at $700 million, which someone could... More >>
3 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:30:00 PM CDT August 23, 2017 in News
COLUMBIA - Columbia police are looking for the man they say fired shots at a vehicle. Investigators say a... More >>
4 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:26:43 PM CDT August 23, 2017 in News
CUBA, Mo. (AP) — A Native American tribe in Oklahoma is hiring lobbyists in its bid to open a casino... More >>
4 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:16:26 PM CDT August 23, 2017 in News
ST. LOUIS (AP) — Three people are recovering from injuries after strong turbulence forced a regional airline plane to divert... More >>
4 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 2:05:07 PM CDT August 23, 2017 in News
ST. LOUIS (AP) — Just months after dismantling a Confederate memorial, the city of St. Louis has torn up a... More >>
5 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 1:04:28 PM CDT August 23, 2017 in News
JEFFERSON CITY (AP) — There's a new website aimed at providing sexual harassment resources to interns following past allegations... More >>
5 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 12:37:57 PM CDT August 23, 2017 in News
JEFFERSON CITY (AP) — Missouri Governor Eric Greitens says if a state lawmaker who expressed hope on Facebook that... More >>
6 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 12:25:00 PM CDT August 23, 2017 in News
AURORA (AP) - A former Aurora school superintendent is no longer facing a misdemeanor charge of failing to report child... More >>
7 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 11:23:00 AM CDT August 23, 2017 in News
HILLSBORO (AP) — Authorities say an eastern Missouri woman who is charged with fatally shooting her sleeping boyfriend told investigators... More >>
7 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 10:54:00 AM CDT August 23, 2017 in News
BOONE COUNTY - Deputies arrested a man on Tuesday on suspicion of sexually assaulting an underage female in June. ... More >>
8 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 9:39:00 AM CDT August 23, 2017 in News
The Powerball jackpot climbs to $700 million, giving players a chance to dream of winning the second-largest lottery prize in... More >>
10 hours ago Wednesday, August 23 2017 Aug 23, 2017 Wednesday, August 23, 2017 8:13:00 AM CDT August 23, 2017 in News
Columbia, MO
Broken Clouds 77°
7pm 76°
8pm 70°
9pm 67°
10pm 64°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
KOMU 8 News @ 6
6:30p
Wheel of Fortune
7:00p
America's Got Talent
6:00p
Family Guy
6:30p
Family Guy
7:00p
Arrow

Tonight's Schedule

7:00p
America's Got Talent
8:01p
Marlon
8:30p
Marlon
9:00p
Law & Order: Special Victims Unit
7:00p
Arrow
8:00p
Supernatural
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld