EXPENDITURE OF MONEYS IN THE WATERWAYS AND PORTS TRUST FUND (Section 68.080)

This act requires that a Missouri port authority have requested funds for statutorily permitted port purposes before funds may be withdrawn from the Waterways and Ports Trust Fund.

The act also specifies that port projects located on land owned by the City of St. Louis and managed by a Missouri port authority, or within an adjacent waterway, may be eligible for an appropriation from the fund, provided the other conditions of the fund are met.

These provisions are identical to the perfected SB 125 (2025), SCS/SB 1263 (2024), and similar to HB 2216 (2024) and HCS/HB 2352 (2024).

TRANSPORTATION FUNDING (Sections 226.150, 226.200, 226.220, 226.221)

This act provides that federal funds designated for highway purposes shall be deposited in the "Federal Road Fund", created in the act, rather than the State Road Fund.

The act also modifies several transportation funds to provide that revenues intended for highway purposes of the state and not allocated to the State Road Fund under the Missouri Constitution shall be allocated to the Federal Road Fund.

These provisions are identical to SB 586 (2025).

EXPENDITURE OF MONEYS IN CERTAIN FUNDS BY THE DEPARTMENT OF NATURAL RESOURCES (Sections 640.220 and 643.350)

Under the act, before June 30, 2026, any unexpended balance in the subaccounts of the Natural Resources Protection Fund exceeding the preceding biennium’s collections shall revert to the general revenue fund at the end of each biennium.

Beginning July 1, 2026, any unexpended balance in the subaccounts of the Fund that exceeds the preceding biennium’s collections shall not revert to the general revenue fund.

Beginning July 1, 2026, and annually on July 1st of each following year, the Commissioner of Administration shall use taxable sales reports to estimate the amount of state general revenue sales and use tax derived from electric power distribution in the immediately preceding calendar year and shall report such amount to the state treasurer. The state treasurer shall transfer certain amounts from the general revenue sales as described in the act.

The act repeals certain provisions relating to the transfer of funds from the Missouri Air Emission Reduction Fund.

These provisions are substantially similar to SB 1483 (2024).

JULIA SHEVELEVA