Missouri lawmakers pass bill to increase gas tax for the first time in decades

JEFFERSON CITY, Mo. (KMIZ)

Republican lawmakers in Missouri have passed a bill to raise the gas tax for the first time since the 1990's. Now, it's headed to Governor Mike Parson's desk.

The GOP-led House voted Tuesday 104-52 to raise Missouri's 17-cent gas tax by 2.5 cents a year until it hits 29.5 cents per gallon in 2025.

Daniel Mehan, President and CEO of the Missouri Chamber of Commerce and Industry responded to the passing of the bill. He said it will have a $1.8 billion positive impact on Missouri's economy, increase earnings across the state by $722 million and create 17,000 jobs every year. 

“This is a monumental achievement that will help ignite our state's economic recovery," Mehan said.

Mehan also said passing this bill is a big step toward making sure Missouri remains a leading transportation hub in the Midwest. 

The Missouri Transportation investment bill, or Senate Bill 262, would pay for road and bridge maintenance by providing around $500 million in increased investments for the Missouri Department of Transportation.

If the gas tax increases, drivers could get a refund if they save their gas receipts.

Governor Parson has 15 days to sign the bill, making it a part of Missouri Law. If he vetoes the bill it will be returned to the General Assembly where a two-thirds vote of both houses is required to override the veto.

However, if Parson takes no action within the 15 days, the bill goes to the Secretary of State, who then enrolls the bill as an authentic act, then becoming law.

Missouri's legislative session ends Friday, meaning any other bills have to be passed by 6 p.m in order to become Missouri Law.