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MO HB823

Bill

Official Source

Status

Introduced

2/4/2015

Primary Sponsor

Bart Korman

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Transportation fees and taxes in chapters 226, 301, 302, 303, 304, 305, 306, and section 389.612 that are credited to the state transportation department would be automatically adjusted annually based on inflation
  • Annual adjustments would be tied to the Consumer Price Index for All Urban Consumers (CPI-U) as reported by the Bureau of Labor Statistics
  • Fees could increase or decrease depending on whether the CPI-U rises or falls
  • Creates new section 226.145 in Missouri Revised Statutes to establish this automatic inflation adjustment mechanism

Legislative Description

Increases or decreases transportation fees annually by the percentage of inflationary increase or decrease

Last Action

Public Hearing Completed (H)

4/28/2015

Committee Referrals

Transportation3/31/2015

Full Bill Text

No bill text available