Loading chat...

MO HB689

Bill

Status

Introduced

1/26/2015

Primary Sponsor

Bart Korman

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Creates the "Divided Highway Transportation Fund" in the state treasury to collect all fees and fines from traffic stops or violations on interstate highways and divided highways

  • Allocates 45% of fund revenue to the Department of Transportation, distributed to districts based on their percentage of interstate/divided highway lane miles

  • Distributes 20% to municipalities and 20% to counties for transportation purposes, each based on their proportional share of interstate/divided highway lane miles within their boundaries

  • Designates 10% to the foundation formula (education funding) and 5% to the state highway patrol

  • Fund moneys do not revert to general revenue at the end of the biennium; interest earned on investments is credited back to the fund

Legislative Description

Creates the Divided Highway Transportation Fund and designates how moneys in the fund must be disbursed

Last Action

Public Hearing Completed (H)

3/11/2015

Committee Referrals

Civil and Criminal Proceedings2/4/2015

Full Bill Text

No bill text available