One-Cent Sales Tax Proposed for Missouri Transportation

4 years 4 weeks 4 hours ago January 25, 2013 Jan 25, 2013 Friday, January 25 2013 Friday, January 25, 2013 3:10:00 PM CST in News
By: Madison Alewel
Embed Code Copied

JEFFERSON CITY - The chairman of the Missouri Highways and Transportation Commission said Thursday the state needs a one-cent sales tax dedicated to transportation needs across Missouri.

Commission chairman Rudy Farber said the tax would generate an estimated $7.9 billion over 10 years. Pending voter approval, the revenue would be spread among the state, counties, and cities.

The temporary tax would include the following components:

  • One-cent general/sales tax to create a dedicated funding source to help meet Missouri's transportation needs.
  • Ten percent of the new one-cent revenue would be distributed to cities and counties for local transportation purposes.
  • The temporary sales/use tax would not be collected on medicine, groceries and gasoline.

Farber discussed the plan Thursday at a transportation conference sponsored by the Missouri Chamber of Commerce and Industry.

The proposal also calls for funding to widen the 200-mile stretch of Interstate 70 between Independence and Wentzville from four lanes to six within the first five years of the temporary tax. Sixty percent of Missouri residents live within 30 miles of I-70 and many rely on the highway every day. Farber said businesses along the highway account for one-fourth of all Missouri jobs and they generate nearly $90 billion in economic activity annually. According to transportation officials, the one-cent tax would create nearly 270,000 jobs in Missouri over the next ten years.

More News

Grid
List
BOONVILLE - The MUSTANG Drug Task Force arrested 21 people on charges related to the illegal sales of drugs. The... More >>
24 minutes ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 6:02:00 PM CST in News
COLUMBIA - The arrest of one Columbia man accused in a terrorist plot left members of the community in shock... More >>
1 hour ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 4:39:00 PM CST in News
SALINE COUNTY - According to the Missouri State Highway Patrol, Carolyn Lacy, 66, from Sweet Springs, was traveling west on... More >>
1 hour ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 4:32:00 PM CST in News
COLUMBIA - Controversial legislation aimed at restricting access to multi-user restrooms has sparked conversation across the country. The so-called bathroom... More >>
2 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 3:27:00 PM CST in News
COLUMBIA- The Columbia Fire Department, MU Health and Boone Hospital have teamed up to offer Columbia residents the File of... More >>
3 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 3:25:00 PM CST in News
FENTON, Mo. (AP) — Vice President Mike Pence has told a Missouri crowd that small business is the "beating heart... More >>
3 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 3:16:40 PM CST in News
COLUMBIA - The national college sorority Alpha Chi Omega will now admit transgender women. The sorority posted a Facebook... More >>
3 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 3:09:00 PM CST in News
COLUMBIA - Prescription opioids are some of mid-Missouri's deadliest drugs. Local law enforcement said because these substances enter the population... More >>
3 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 2:47:00 PM CST in News
COLUMBIA – Frustrated Missourians packed the road outside the Stoney Creek Inn Wednesday to voice their displeasure with Missouri’s 4th... More >>
3 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 2:39:00 PM CST in News
COLUMBIA - For anyone with a damaged American flag flying outside, it might be time to replace it. To avoid... More >>
4 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 1:58:00 PM CST in News
JEFFERSON CITY (AP) — Missouri's unemployed would again face losing several weeks of jobless benefits under a bill advancing in... More >>
4 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 1:39:54 PM CST in News
ST. LOUIS (AP) — A federal lawsuit by Michael Brown's parents over the 2014 police shooting death of their son... More >>
4 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 1:35:34 PM CST in News
PARKVILLE (AP) — Park University plans to open a campus in Lenexa, Kansas, this year. The university in... More >>
5 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 12:56:33 PM CST in News
ST. LOUIS (AP) — A federal appeals court is ordering a resentencing for a southwest Missouri restaurateur in a $5.5-million... More >>
7 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 11:17:30 AM CST in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens is shunning the state plane and instead relying on private donors and... More >>
8 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 10:26:10 AM CST in News
ST. LOUIS (AP) — Authorities say an officer has fatally shot a man who is accused of firing at officers... More >>
8 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 9:39:50 AM CST in News
UNIVERSITY CITY (AP) — A suburban St. Louis Jewish cemetery badly damaged by vandals is getting a show of support... More >>
8 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 9:29:00 AM CST in News
JEFFERSON CITY (AP) — A proposal that could allow travelers to drink alcohol at flight gates at St. Louis and... More >>
9 hours ago February 22, 2017 Feb 22, 2017 Wednesday, February 22 2017 Wednesday, February 22, 2017 9:21:54 AM CST in News
Columbia, MO
Broken Clouds 62°
7pm 66°
8pm 64°
9pm 61°
10pm 59°

Select a station to view its upcoming schedule:

Coming Up Next

6:00p
KOMU 8 News @ 6
6:30p
Wheel of Fortune
7:00p
Blindspot
6:00p
Family Guy
6:30p
Family Guy
7:00p
Arrow

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
The 100
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld