House Budget Chair proposes investment in Missouri roads

1 year 5 months 1 week ago Wednesday, March 06 2019 Mar 6, 2019 Wednesday, March 06, 2019 9:00:00 PM CST March 06, 2019 in News
By: Matthew Unthank and Nikki Ogle, KOMU 8 Reporters
loading

JEFFERSON CITY - The House Budget Committee submitted a plan Wednesday to invest in road and bridge improvements across Missouri that counters Gov. Mike Parson’s proposed plan.

House Budget Chairman Cody Smith, R-Carthage, recommended on Wednesday to put $100 million from the General Revenue Fund towards fixing the transportation infrastructure over the next four years. This isn’t the first time a Republican has offered up a plan to counter Parson’s.

The November ballot issue Proposition D, which would have annually increased the motor fuel tax by two and a half cents per gallon for five years in order “to fund Missouri state law enforcement,” was stopped in its tracks when voters defeated the measure. In response, Parson proposed a $351 million bond issue in January to address bridge infrastructure across Missouri.

The bill to execute that plan, Senate Concurrent Resolution 14, which was sponsored by Pres. Pro. Tem. Dave Schatz, R-Sullivan, would repair 250 bridges across the state already scheduled for repair through the Statewide Transportation Improvement Program (STIP). The bond would be paid back through the General Revenue Fund at a maximum of $30 million per year, to be fully paid off after 15 years.

“When Prop D failed here at the ballot last November, it did not end the problem,” Schatz said. “We’ve got to find a funding mechanism to fix it.”

However, Smith expressed concerns over the Parson/Schatz plan.

“I’m concerned about taking on additional debt,” Smith said. “We spend hundreds of millions of dollars in debt service every year.”

Because Smith’s plan uses money from the General Revenue Fund, it would not increase the state’s debt. However, this leaves less money for other areas that typically receive more funding, such as education.

In a written statement released by the Governor’s Office, Parson said although that the “House budget proposal maintains a number of [Parson’s] priorities,” he would need to continue to discuss with both houses “to reach an end result that moves Missouri forward.”

Sen. Bill Eigel, a Republican representing part of St. Charles County, also put forth a bill that would use 50 percent of the surpluses within the state budget to fund the repairing of roads and bridges in the state. His bill would also fund the MoDOT administration and the highway patrol through the General Revenue Fund, rather than the state highway fund. This would help to free up money in the highway fund to go towards road infrastructure.

Eigel believes that his plan works better than the Parson/Schatz plan because it doesn’t require borrowing any money.

“With record amounts of money coming into the state, there’s no reason to borrow money and what could be $100 million of interest in the governor’s plan when we already have that money coming in the door,” Eigel said.

Regardless, Republican lawmakers are willing to discuss and compromise in order to push for infrastructure.

“That’s kind of the beauty of this process,” Smith said. “If there’s a will of the legislature to prioritize transportation infrastructure, then we can do that.”

Because of the amount of time left in the current year’s session--which ends in May--Republicans are confident that an agreement will be possible.

 

More News

Grid
List
COLUMBIA - Although standardized testing will not be a requirement for admission to the UM System this year, some local... More >>
12 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 7:02:00 PM CDT August 12, 2020 in News
COLUMBIA — After a Board of Education meeting earlier this week, Columbia Public Schools will still give families the choice... More >>
12 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 6:45:14 PM CDT August 12, 2020 in News
MISSOURI — As COVID-19 continues to spread throughout Missouri, state and local officials confirm new case counts daily. This... More >>
13 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 5:30:00 PM CDT August 12, 2020 in News
COLUMBIA — Police have arrested 39-year old Justin Spence, of Columbia, in connection with a burglary that occurred early Tuesday... More >>
17 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 2:08:00 PM CDT August 12, 2020 in News
COLUMBIA — The Boone County Commission approved $1.8 million in federal coronavirus relief money (CARES Act) for the health department... More >>
17 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 1:54:00 PM CDT August 12, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. You... More >>
20 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 11:08:00 AM CDT August 12, 2020 in News
COLUMBIA - Water supply district number 1 is under a precautionary boil advisory because of low water pressure. There... More >>
20 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 11:04:04 AM CDT August 12, 2020 in News
Editor's note: This op-ed is a collaboration between the mental health doctors in the United States from the National Network... More >>
21 hours ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 9:39:57 AM CDT August 12, 2020 in A Brighter Tomorrow
COLUMBIA - After school programs have to make adjustments because of the Columbia school board’s vote to delay the start... More >>
1 day ago Wednesday, August 12 2020 Aug 12, 2020 Wednesday, August 12, 2020 3:31:00 AM CDT August 12, 2020 in News
JEFFERSON CITY - A Monday crash in Jefferson City damaged three parked vehicles and injured the driver. Curtis Murrell... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 8:18:00 PM CDT August 11, 2020 in News
COLUMBIA - KOMU 8 confirmed on the scene of the incident a man was shot on Tuesday at the Columbia... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 7:22:00 PM CDT August 11, 2020 in News
COLUMBIA - Columbia mayor Brian Treece called on college students to make smart choices when returning to campus. "I... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 4:58:00 PM CDT August 11, 2020 in News
COLUMBIA - Mizzou superfan Brian Garner has accumulated hundreds of coaches and players' signatures on his prosthetic leg. He hasn't... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 4:45:00 PM CDT August 11, 2020 in News
WASHINGTON, D.C.: The news conference is scheduled to start at 4:30 p.m., according to Trump. More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 4:26:00 PM CDT August 11, 2020 in News
JEFFERSON CITY - Public school administrators discussed, Tuesday afternoon, the district's reopening plans, as student prepare for the start of... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 4:16:00 PM CDT August 11, 2020 in News
COLUMBIA — In a new briefing Tuesday afternoon, Columbia police asked the public for information on two separate early-morning incidents.... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 3:53:00 PM CDT August 11, 2020 in News
COLUMBIA - The parking lot at Tolton Catholic High School will fill up two weeks before Columbia Public Schools. ... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 3:49:00 PM CDT August 11, 2020 in News
(CNN) -- [Breaking news update, published at 4:40 p.m. ET] The Pac-12 Conference CEO Group unanimously voted Tuesday to... More >>
1 day ago Tuesday, August 11 2020 Aug 11, 2020 Tuesday, August 11, 2020 3:34:00 PM CDT August 11, 2020 in News
Columbia, MO
Broken Clouds 71°
8am 74°
9am 77°
10am 80°
11am 82°