House Launches Bond Issue Effort

3 years 8 months 2 days ago January 23, 2013 Jan 23, 2013 Wednesday, January 23 2013 Wednesday, January 23, 2013 2:15:00 PM CST in News
By: Garrett Bergquist

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
MIAMI - Arrowheads, metate's and tomahawks were all on display Sunday afternoon in Miami. Missouri's American Indian Cultural Center... More >>
4 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 9:46:00 PM CDT in News
DE SOTO (AP) — Two people have been killed in a traffic accident in eastern Missouri. The Missouri... More >>
8 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 5:19:27 PM CDT in News
KANSAS CITY (AP) — An advocacy group wants state and federal authorities to investigate a possible arson at a mosque... More >>
8 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 5:15:24 PM CDT in News
JEFFERSON CITY - A man is in serious condition Sunday after he was hit by a car near the intersection... More >>
8 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 5:12:00 PM CDT in News
COLUMBIA - The bird's the word at the Raptor Rehabilitation Project's annual family picnic. More than 50 people met... More >>
12 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 1:16:00 PM CDT in News
COLUMBIA – More than 150 people registered to participate in a walk at Stankowski Field Sunday morning to raise awareness... More >>
21 hours ago September 25, 2016 Sep 25, 2016 Sunday, September 25 2016 Sunday, September 25, 2016 4:34:00 AM CDT in News
COLUMBIA - The Columbia Police Department responded at 8:16 p.m. Saturday to a shooting outside of a home at 2800... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 9:35:00 PM CDT in Continuous News
COLUMBIA- On Saturday, Meals with Mom brought together mothers and their children to make homemade pizza rolls and desert. ... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 7:08:00 PM CDT in News
WARSAW (AP) — A 51-year-old Springfield man already in prison on drug charges has been sentenced to life in prison... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 5:58:00 PM CDT in News
JOPLIN (AP) — A former Joplin police officer has pleaded guilty to a federal charge for offering to help a... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 5:32:00 PM CDT in News
FULTON - Fulton Police arrested two siblings Saturday morning at a residence on the 900 block of Lyle Street. ... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 5:20:00 PM CDT in News
COLUMBIA - A 41-year-old man was accused of beating his significant other with a hammer Friday, according to the Boone... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 4:03:00 PM CDT in News
JEFFERSON CITY - The Old Munichburg Association brought the community out to celebrate German culture during Saturday's Oktoberfest. The... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 3:52:00 PM CDT in News
COLUMBIA - MU Children's Hospital held a tailgate for the MU vs. Delaware State football game Saturday. With help... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 3:15:00 PM CDT in Continuous News
KANSAS CITY, Mo. (AP) — A 25-year-old man was struck and killed after he got out of a vehicle stopped... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 2:50:51 PM CDT in News
COLUMBIA - Missouri Tigers' quarterback Drew Lock threw for 402 yards and five touchdowns, including four to wide receiver J’Mon... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 2:22:00 PM CDT in Sports
HAZELWOOD (AP) — St. Louis area police said injuries have been reported after a car hit people waiting for a... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 1:51:48 PM CDT in News
COLUMBIA - This morning officers confirmed a report of shots fired in the area of Arlene Drive and Gillespie Bridge... More >>
1 day ago September 24, 2016 Sep 24, 2016 Saturday, September 24 2016 Saturday, September 24, 2016 12:54:00 PM CDT in Top Stories
Columbia, MO
Broken Clouds 61°
3am 61°
4am 59°
5am 57°
6am 56°

Select a station to view its upcoming schedule:

Coming Up Next

1:05a
Dateline NBC
2:03a
Meet the Press
3:00a
Paid Program
2:00a
Paid Program
2:30a
Paid Program
3:00a
Paid Program

Tonight's Schedule

7:00p
The Voice
8:00p
NBC News: 2016 Presidential Debates
7:00p
Supergirl
8:00p
Supergirl
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld