Bill > SB120

This bill modifies provisions related to the expenditure of funds by several state departments, making changes to multiple sections of Missouri state law. The bill establishes or modifies several trust and dedicated funds, including the Waterways and Ports Trust Fund, the State Highways and Transportation Department Fund, the State Road Fund, and the newly created Federal Road Fund. Key provisions include expanding the use of the Waterways and Ports Trust Fund to allow port authorities to request funds for specific port purposes, clarifying how highway-related funds can be used, and creating a new Federal Road Fund to specifically manage federal highway funding. The bill also makes changes to the Natural Resources Protection Fund, including a provision to transfer a percentage of sales tax from electric power distribution to the air pollution permit fees subaccount starting in 2026. Additionally, the bill adjusts how unexpended balances in certain funds are handled, with some funds now allowed to retain unused balances at the end of each biennium instead of reverting to the general revenue fund. These changes aim to provide more flexibility and transparency in how state departments manage and expend specialized funds, particularly those related to transportation and environmental protection.

Agriculture and Natural Resources, Budget and Finance

https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=63