SB 527 Directs federal highway funds currently credited to the State Road Fund by statute to a newly created fund known as the "Federal Highways and Bridge Fund"
Sponsor: Nodler Co-Sponsor(s)
LR Number: 2234S.02I Fiscal Note: 2234-02
Committee: Appropriations
Last Action: 5/15/2009 - S Inf Formal Calendar S Bills for Perfection--SB 527-Nodler and Bray Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2009

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Current Bill Summary


SB 527 - Under this act, federal funds intended for highway or bridge purposes which are currently credited to the State Road Fund under Section 226.220, RSMo, are credited to a newly created fund within the state treasury known as the "Federal Highways and Bridge Fund." Moneys in the fund shall be available to be used by the State Highways and Transportation Commission for highway and bridge purposes upon appropriation. No payments or transfers shall ever be made from the newly created fund except for expenditures made pursuant to a lawful appropriation from the General Assembly, under the supervision of the commission, and for appropriate highway purposes.

STEPHEN WITTE