Mo. Lawmakers to Consider Infrastructure Measures

7 years 4 months 2 days ago Sunday, March 10 2013 Mar 10, 2013 Sunday, March 10, 2013 7:38:27 PM CDT March 10, 2013 in News
By: Associated Press

JEFFERSON CITY - Proposals to boost funding for transportation and to pay for various construction projects are likely to take a step forward at the Missouri Capitol.

A House committee plans to vote Tuesday on a plan that could call for $1.2 billion worth of bonds, and the full Senate is preparing to debate a sales tax proposal that would raise nearly $8 billion over a decade to pay for roads, bridges and other transportation projects.

The bonding package could involve money for college campuses, state parks, the state Capitol, rural water projects, K-12 schools and economic development initiatives. The transportation measure would raise Missouri's sales tax by 1 percentage point while freezing the gas tax rate and barring existing roads from becoming toll roads.

Both ideas ultimately would require voter approval. 

 

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