One-Cent Sales Tax Proposed for Missouri Transportation

3 years 11 months 3 weeks 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
KANSAS CITY (AP) — Thousands of protesters, mostly women, gathered in Missouri's two biggest cities and Kansas' capital city in... More >>
8 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 7:44:00 PM CST in News
KANSAS CITY (AP) — A central Missouri technical college plans to ask the U.S. Supreme Court to reinstate the school's... More >>
8 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 7:37:52 PM CST in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens is making a school choice measure called education savings accounts a priority... More >>
8 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 7:32:26 PM CST in News
COLUMBIA — The Mid-Missouri Solidarity March was organized by area organization to support the Women’s March on Washington, D.C. on... More >>
10 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 6:00:00 PM CST in News
COLUMBIA — Counselors helped Columbia residents sign up for health care insurance Saturday, amid rising concern over the repeal of... More >>
11 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 5:02:00 PM CST in News
COLUMBIA — Stephens College hosted its first "Fallopian Fest" Saturday. Stephens College student and one of the directors of... More >>
12 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 3:54:00 PM CST in News
COLUMBIA — "The Mindfulness-Based Eating Solution" author, Dr. Lynn Rossy, spoke at the Boone County Historical Museum Saturday. The... More >>
16 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 11:51:00 AM CST in News
BOONVILLE — Several Missouri National Guard Specialists are preparing to leave for their final segment of training before departing for... More >>
16 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 11:39:00 AM CST in News
KANSAS CITY (AP) — Prosecutors have charged a man in connection with a shooting death last summer in Kansas City,... More >>
17 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 11:19:00 AM CST in News
ST. LOUIS (AP) — Police and court records said a man accused of fatally shooting a St. Louis apartment complex's... More >>
17 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 11:16:04 AM CST in News
SPRINGFIELD (AP) — A southwestern Missouri woman faces up to 23 years in federal prison after admitting in court that... More >>
17 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 11:10:00 AM CST in News
ST. LOUIS (AP) — A man has been ordered to spend two decades in prison after admitting in court that... More >>
17 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 10:31:15 AM CST in News
ST. LOUIS (AP) — A St. Louis 18-year-old has been jailed on $250,000 bond after being accused of wounding her... More >>
18 hours ago January 21, 2017 Jan 21, 2017 Saturday, January 21 2017 Saturday, January 21, 2017 10:13:19 AM CST in News
COLUMBIA – Missouri is the only state without a prescription drug-monitoring program in place, but officials in Columbia are hoping... More >>
1 day ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 6:34:00 PM CST in News
COLUMBIA — At their Jan. 10 Court en Banc meeting, the judges of the 13th Judicial Circuit elected their new... More >>
1 day ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 5:39:00 PM CST in News
COLUMBIA — A Columbia man has pled guilty Friday to three counts of sexual exploitation of a minor, one count... More >>
1 day ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 4:43:00 PM CST in Top Stories
FRANKLIN COUNTY (AP) — Franklin County Sheriff's Office charged a man Friday after Authorities say he killed his ex-girlfriend in... More >>
1 day ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:55:00 PM CST in Top Stories
COLUMBIA — All across the country televisions were set to the presidential inauguration to see Donald Trump take office. Craig... More >>
1 day ago January 20, 2017 Jan 20, 2017 Friday, January 20 2017 Friday, January 20, 2017 3:20:00 PM CST in News
Columbia, MO
Broken Clouds 47°
5am 41°
6am 40°
7am 45°
8am 44°

Select a station to view its upcoming schedule:

Coming Up Next

4:00a
Paid Program
4:30a
Wild About Animals
5:00a
Huntline TV
4:00a
Paid Program
4:30a
Paid Program
5:00a
Paid Program

Tonight's Schedule

6:00p
Dateline NBC
7:30p
Ted
6:00p
Beverly Hills Ninja
8:00p
Marvel's Agents of S.H.I.E.L.D.
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld