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MO HCR30
Concurrent Resolution
Status
2/4/2015
Primary Sponsor
Mark Parkinson
Click for details
AI Summary
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Missouri citizens have paid more than twice the original bond amount for the Edward Jones Dome stadium, with payments continuing until 2022
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The Governor's Office of Administration interpreted section 67.657, RSMo as authorizing up to $350 million in new stadium bonds for St. Louis without General Assembly approval
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The General Assembly disputes this interpretation and asserts the executive branch should not independently authorize bonds that increase public debt
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The resolution urges the Governor not to issue bonds for a new St. Louis stadium without legislative or voter approval
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The House warns it may refuse to appropriate funds to service any bonds issued without proper approval, and directs distribution of this resolution to the Governor and all bonding agencies in Missouri
Legislative Description
Urges the Governor to not issue bonds without approval of the General Assembly or the voters under an interpretation of Section 67.657, RSMo
Last Action
Referred: Ways and Means(H)
5/15/2015