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MO HB1198
Bill
Status
3/10/2015
Primary Sponsor
Eric Burlison
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AI Summary
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Prohibits the Missouri Department of Transportation from spending general revenue appropriations in any fiscal year where it has already spent State Road Fund money for the same or similar purposes
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Revenue trigger requirement: provisions only take effect when net general revenue collected in the previous fiscal year exceeds the highest amount from the prior three fiscal years by at least $150 million
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Establishes a 10-year phased transition for shifting MoDOT budget categories from State Road Fund to general revenue funding
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Phase-in begins with 100% of administration costs and 15% of fringe benefits in year one, gradually increasing each year
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By year ten, general revenue would cover 100% of administration, fringes, maintenance, construction, fleet/facilities/information systems, and multimodal programs
Legislative Description
Specifies that no appropriation from general revenue to the Department of Transportation will be expended if the department has spent funds from the State Road Fund for the same or like purposes
Last Action
Action Postponed (H)
4/21/2015