April 5, 2024 Less than a minute read

House budget prioritizes infrastructure investment

The Missouri House has passed a spending plan which includes funding for several key business priorities backed by the Missouri Chamber of Commerce and Industry, including money to improve Interstate 44 and expand broadband access in rural areas.

House lawmakers passed the budget bills – which total roughly $50 billion – on Thursday, April 4.

Once again, legislators have shown a commitment to investing in Missouri’s infrastructure and maximizing the state’s position as a logistics hub. After making a historic investment in I-70 last year, House lawmakers have proposed a FY25 budget that contains additional funding to expand I-44 in southwest Missouri, as well as money to repair rural roads.

The House budget is nearly $2 billion less than proposed by Gov. Mike Parson.

Notably, legislators cut funding for the upskill credentials program – an important tool to build and retain a skilled workforce. Last year, Gov. Mike Parson signed HB 417 into law, establishing the competitive grant program designed to support employees who earn short-term certificates or credentials in vital areas for Missouri’s economy. The program, however, remains subject to appropriations.

“Now, more than ever, Missouri employers need every tool in their toolbox to attract and retain workers. Funding for the upskill credential program is critical in supporting Missouri in the global competition for jobs and talent,” said Kara Corches, Missouri Chamber vice president of governmental affairs. “Employers care about addressing child care shortages, putting more people to work, investing in infrastructure, enhancing public safety and maximizing Missouri’s position as a leader in technology manufacturing. It’s important that we continue to make strategic investments in these areas while maintaining a strong financial position.”

The budget bills now move to the Senate. Representatives from each of the two chambers must reach a compromise before the constitutional deadline of May 10.


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