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MO HB1362
Bill
Status
3/12/2015
Primary Sponsor
J. Eggleston
Click for details
AI Summary
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Transportation development districts may impose an excise tax on motor fuel purchased within the district if approved by a majority of qualified voters
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The district board can set the tax rate lower than the voter-approved maximum and may increase it up to the approved ceiling without additional voter approval
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Tax rates may vary by type or nature of fuel at the board's discretion for the same project
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Revenue collected from the motor fuel tax must be used for development of transportation projects within the district
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Adds new section 238.238 to Chapter 238, RSMo, establishing ballot submission requirements including disclosure of maximum tax rate and project description
Legislative Description
Modifies provisions relating to transportation development districts to add a motor fuel excise tax as an option
Last Action
Referred: Ways and Means(H)
5/15/2015