Missouri 21st Century Transportation Task Force releases report on statewide transportion funding recommendations

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To improve roads and bridges in Missouri, the Task Force recommends increasing the state excise tax on gasoline by 10 cents and on diesel by 12 cents per gallon. These adjustments would correct the inflation-driven value loss that has occurred since the motor fuel tax was last raised in Missouri.

This additional investment by highway users would raise approximately $430 million annually to improve our roads and bridges. This would generate a total of approximately $4.3 billion over 10 years.

In addition, the Task Force recommends implementing a dedicated revenue stream of $50-$70 million annually for the state’s multimodal transportation needs (i.e., aviation, mass transportation, railroads,
ports, waterways, waterborne commerce, and transportation of elderly and disabled persons). The Task Force recommends that the legislature look at potential, dedicated funding options for multimodal transportation that would involve no additional taxation of Missouri citizens.

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Missouri 21st Century Transportation Task Force releases report on statewide transportion funding recommendations