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MO HB2420

Bill

Status

Introduced

2/8/2018

Primary Sponsor

Glen Kolkmeyer

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Requires any political subdivision that imposes a local excise or sales tax enacted after January 1, 2018, under Article IV, Section 30(a) of the Missouri Constitution to spend at least 90% of the revenue on construction, reconstruction, maintenance, and repair of roads and streets, including payment of principal and interest on road- and street-related debt
  • Limits spending of no more than 10% of such tax revenue on policing, signing, lighting, and cleaning of roads and streets
  • Adds a new section 71.612 to Chapter 71 of the Revised Statutes of Missouri
  • Applies notwithstanding any other provision of law, overriding conflicting statutes regarding the use of these local tax revenues
  • Introduced by Representative Kolkmeyer during the Second Regular Session of the 99th General Assembly

Legislative Description

Places restrictions on how municipalities may allocate revenues from taxes authorized under Article IV, Section 30(a) of the Constitution

Last Action

Referred: Rules - Legislative Oversight(H)

4/10/2018

Committee Referrals

Rules - Legislative Oversight4/10/2018
Government Efficiency3/15/2018

Full Bill Text

No bill text available