Missouri Voters to Decide on Transportation Tax Increase
JEFFERSON CITY - The fate of a three-quarters-of-a-cent sales tax increase for transportation is now in the hands of voters after the Missouri House approved the increase Wednesday.
In a 105-43 vote, representatives approved the transportation sales tax increase that would bring $550 million in statewide road improvements.
The sales tax increase is needed to help the Missouri Department of Transportation provide enough funding to maintain and improve Missouri's transportation infrastructure.
"We are working with planning partners around the state and representatives from every mode of transportation to determine how this new revenue could best improve our total transportation system," Dave Nichols, director of MoDOT said in a news release. "We are ready to deliver the projects and services that Missourians expect and deserve."
According to the Missouri Chamber of Commerce and Industry, it's estimated that MoDOT's funding will drop to $325 million by 2017. At that level, the Chamber said MoDOT would not be able to maintain the state's current infrastructure.
The House had originally passed the bill, which would have increased the sales tax by one cent, but the Senate revised the House's version, changing the increase to only three-quarters of a cent.