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MO SJR43

Joint Resolution

Official Source

Status

Introduced

1/15/2014

Primary Sponsor

John Lamping

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Submits to Missouri voters a constitutional amendment adding section 26 to article X of the Missouri Constitution, effective at the November 2014 general election
  • Directs the Director of Revenue to deposit specified portions of state sales and use tax revenue into the state road fund created in article IV, section 30(b)
  • Establishes a phased increase in tax revenue allocation to the road fund: one-eighth cent per dollar in 2015, one-fourth cent in 2016, three-eighths cent in 2017, and one-half cent per dollar in 2018 and thereafter
  • Applies only to revenue from the state portion of general law sales and use taxes
  • Introduced by Senator Lamping on January 15, 2014

Legislative Description

Requires a portion of sales and use taxes collected to be deposited into the State Road Fund

Last Action

Second Read and Referred S Transportation and Infrastructure Committee

1/30/2014

Committee Referrals

Transportation and Infrastructure1/30/2014

Full Bill Text

No bill text available