The Executive Committee of Associated Industries of Missouri voted last week to lend the organization’s support to Proposition D on the November 6, 2018 ballot.
Proposition D would increase motor fuel taxes by 2.5 cents per gallon in each of four annual steps beginning July 1, 2019. By July 1, 2022, the motor fuel tax would be increased by a total of 10 cents per gallon.
“Associated Industries of Missouri (AIM) has policies opposing most tax increases,” said Ray McCarty, president and CEO of AIM. “But transportation is one exception. As business operators statewide, we understand we need a reliable and safe transportation system to allow the movement of employees and goods to and from our businesses. Investing in transportation improvements pays off in savings because the roads are safer and more economical to travel, and we are able to attract and retain quality employers in Missouri with a solid transportation system,” he said.
The ballot initiative would add the taxes to directly support the Missouri Highway Patrol and money from highway funds that currently support that agency would be available for other state and local road improvement projects.
“It is our hope voters will see the value provided by the Missouri Highway Patrol and endorse this dedicated funding proposal which gives that agency more surety and provides additional money to improve our roads at the same time,” said McCarty.