Missouri legislation · 2025 Regular Session
Missouri HB1600: Establishes a 50% tax on road projects, funded by the state, and establishes the "State Road Project Fund"
Status: In committee, May 15, 2025
What the bill says
To amend chapter 226, RSMo, by adding thereto one new section relating to road projects funded by the state. Section A. Chapter 226, RSMo, is amended by adding thereto one new section, to be known as section 226.196, to read as follows: 226.196. 1. Notwithstanding any provision of law to the contrary, for any road project funded by the state, there shall be imposed a tax of fifty percent on the total cost of the project, which shall be paid by the state upon the completion of any such road project. The total cost of the project shall include all moneys spent on construction materials, labor, a.
From the introduced text:
To amend chapter 226, RSMo, by adding thereto one new section relating to road projects funded by the state. Section A. Chapter 226, RSMo, is amended by adding thereto one new section, to be known as section 226.196, to read as follows: 226.196. 1. Notwithstanding any provision of law to the contrary, for any road project funded by the state, there shall be imposed a tax of fifty percent on the total cost of the project, which shall be paid by the state upon the completion of any such road project. The total cost of the project shall include all moneys spent on construction materials, labor, and equipment. 2. All revenue received from the state from the tax imposed under subsection of this section shall be deposited into the "State Road Project Fund" established under subsection 3 of this section. 3. (1) There is hereby created in the state treasury the "State Road Project Fund", which shall consist of moneys collected under subsection 1 of this section. The state treasurer shall be custodian of the fund. In accordance with sections 30.170 and 30.180, the state treasurer may approve disbursements. The fund shall be a dedicated fund and, upon appropriation, moneys in this fund shall be used solely for planning, relocating,establishing,acquiring,constructingandmaintaininginterstateandprimary highways within the state, supplementary state highways and bridges in …