YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
After it gave preliminary approval last week, the Missouri Senate yesterday passed an infrastructure bonding bill.
The bill, which passed 26-7 in the Senate, sets up $301 million in bonds to be paid back over seven years. The funding is contingent on the Missouri Department of Transportation receiving a federal grant. The bill allocates $50 million up front to "jump start" certain bridge projects.
The bridge-repair legislation now heads to the Missouri House.
Read more from The Missouri Times.
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