House committee unanimously passes $1.2 billion bond for Missouri state projects

Posted April 18, 2013 at 12:31 pm

by Josie Butler

The Missouri House Budget Committee unanimously passed a $1.2 billion bond proposal Wednesday, April 3, that would allocate funds for state projects.

The measure would ask Missouri voters to approve a constitutional amendment that would authorize the General Assembly to issue bonds that would fund higher education improvements, construction, landscaping, land or building purchases, and water projects.

Rep. Chris Kelly, D-Columbia, said some of the bonds would go toward renovating the Fulton State Hospital, improving the “eroding state Capitol,” and fixing the sewer systems in state parks and rural water projects.

“We can’t do everything that needs to be fixed in Missouri, but we can do a lot,” Kelly said.

Sen. Kurt Schaefer, R-Columbia, sponsored a similar measure in the Senate. Schaefer’s proposed constitutional amendment would permit the Board of Fund Commissioners to issue bonds up to $950 million. Up to $250 million of the bond funds would go toward construction of state buildings, facilities and projects. At least $40 million of the $250 million would be allocated toward the maintenance of parks and park facilities.

A similar resolution passed in the Senate Appropriations Committee in February.