House Launches Bond Issue Effort

4 years 4 weeks 18 hours 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
Embed Code Copied

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
ST. LOUIS (AP) — A 14-year-old boy is recovering from non-life-threatening injuries after being hit by a train in suburban... More >>
40 minutes ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 7:33:09 AM CST in News
UNIVERSITY CITY (AP) — Authorities in Missouri are investigating after dozens of headstones were damaged at a Jewish cemetery near... More >>
3 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 4:39:00 AM CST in News
COLUMBIA - As the warm weather approaches, the number of unwanted litters increases, putting a burden on local shelters. ... More >>
5 hours ago February 21, 2017 Feb 21, 2017 Tuesday, February 21 2017 Tuesday, February 21, 2017 2:30:00 AM CST in News
HENNEPIN COUNTY, Minnesota - A Missouri construction worker, David Earl Hyde, 38, of Fulton died while on the job in... More >>
10 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 9:54:00 PM CST in News
COLUMBIA - Columbia Regional Airport is about to get the renovation its been hoping for. The small airport currently flies... More >>
12 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 7:37:00 PM CST in News
ST. CHARLES (AP) — Agents from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives are joining the investigation into... More >>
13 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 7:06:00 PM CST in News
JEFFERSON CITY - The Jefferson City City Council will vote Monday evening on the Truman Hotel Urban Renewal Plan. ... More >>
13 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 6:42:00 PM CST in News
COLUMBIA - Missouri's new first lady, Dr. Sheena Chestnut Greitens, said she is committed to keeping politics separate from her... More >>
13 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 6:30:00 PM CST in News
COLUMBIA - In the past two decades, the number of fatal opioid overdoses has skyrocketed, and the medical community has... More >>
16 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 3:42:00 PM CST in News
COLUMBIA – As unusually warm weather brings a feeling of early spring across Missouri, it also speeds up the lawn... More >>
16 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 3:27:00 PM CST in News
COLUMBIA - The mayor's medical tourism task force has finalized its recommendations on how to make Columbia a medical hub... More >>
17 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 2:35:00 PM CST in News
COLUMBIA - Stress may seem like one of those things that we all talk about being under from time to... More >>
18 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 1:47:00 PM CST in News
ST. JOSEPH (AP) — Th e Missouri S tate Highway Patrol says a 27-year-old man was died after a police... More >>
19 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 1:13:43 PM CST in News
PLATTE CITY (AP) — A truck driver from Springfield was sentenced to four years in prison after pleading guilty in... More >>
19 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 12:48:59 PM CST in News
COLUMBIA - MU Police identified a man suspected of kissing one unwilling female and trying to hug several others. There... More >>
21 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 11:08:00 AM CST in News
COLUMBIA - The Columbia City Council will discuss a proposed ordinance change Monday night that would affect the way trash... More >>
21 hours ago February 20, 2017 Feb 20, 2017 Monday, February 20 2017 Monday, February 20, 2017 10:35:00 AM CST in News
COLUMBIA - The Columbia City Council will look at what could turn into a Prescription Drug Monitoring Program, or PDMP,... More >>
1 day ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 7:00:00 PM CST in News
CALLAWAY COUNTY - Two people were arrested after taking law enforcement on a high speed chase throughout mid-Missouri Sunday, according... More >>
1 day ago February 19, 2017 Feb 19, 2017 Sunday, February 19 2017 Sunday, February 19, 2017 6:36:00 PM CST in Coverage From Callaway
Columbia, MO
Broken Clouds 55°
9am 56°
10am 59°
11am 63°
12pm 65°

Select a station to view its upcoming schedule:

Coming Up Next

7:00a
Today
11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
8:00a
The Steve Wilkos Show
9:00a
The Steve Wilkos Show
10:00a
Jerry Springer

Tonight's Schedule

7:00p
The Wall
8:00p
This Is Us
9:00p
Chicago Fire
7:00p
The Flash
8:00p
DC's Legends of Tomorrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld