HB 1355 -- Sales Tax for Highways and Bridges

Co-Sponsors:  Seigfreid, Relford

This bill imposes a 1% tax on the sale of tangible personal
property or rendering taxable service at retail.  The revenue
derived from the tax will be deposited in the State Road Fund and
used exclusively for highway and bridge construction and
maintenance.  The distribution of these funds will be 50% to
urban areas and 50% to rural areas, except that any moneys used
for the interstate system will not be subject to the distribution
percentages.

The distribution and use of revenue generated will be subject to
legislative review or oversight by the members of each house in
the second regular session.  The legislature will have the power,
by a two-thirds vote of the elected members of each house, to
withhold distribution of the moneys if it finds that the revenue
is not distributed as required.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:01 am