HJR 2 -- Toll Roads

Co-Sponsors:  Seigfreid, Davis (122)

This proposed constitutional amendment gives the Highways and
Transportation Commission the authority to conduct feasibility
studies about toll facilities and to fund, design, acquire,
construct, maintain, reconstruct, and operate toll facilities.

The amendment establishes the procedures and limitations for the
issuance, collection, and distribution of toll facility revenue
bonds or revenue refunding bonds for toll facilities.

When toll facilities have been paid for, all bonds retired, and
all transfers from the State Road Fund repaid with interest, the
facilities will become part of the state highway system.

State toll facility revenue bond and refunding bond proceeds,
tolls, and other revenues derived from the establishment or
operation of toll facilities will not be considered part of total
state revenue, and the expenditure of the revenues will not be
considered an expense of state government.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:12 am