House Committee hears bridge bonding resolution
May 1, 2019 – The House Budget Committee today heard testimony regarding SCR 14, sponsored by Senate President Pro Tem Dave Schatz. Associated Industries of Missouri (AIM) and the Missouri Transportation and Development Council (MTD) support the bonds. Proceeds would be used to repair hundreds of dangerous bridges across Missouri.
“Associated Industries of Missouri and the Missouri Transportation Development Council support this concurrent resolution that would allow for the replacement of many bridges across Missouri,” said Ray McCarty, president and CEO of Associated Industries of Missouri and executive director of the Missouri Transportation and Development Council. “Transportation is vital to Missouri business and our companies’ ability to compete in a global economy.”
McCarty also informed the Committee that MTD was formed initially as the “Good Roads Federation” in the 1920’s to pass Missouri’s first $60 million transportation bond issue in a campaign to “Get Missouri Out of the Mud.” To support the campaign, the organization sold radiator tags at $2 each. The bond issue was successful. He said MTD’s commitment to finding funding for transportation improvements continues today.
Article dated Aug. 25, 1920