advertisement

Lawmakers approve accounts for stimulus funds

Tuesday, March 10, 2009 | 1:59 p.m. CDT; updated 2:46 p.m. CDT, Tuesday, March 10, 2009

JEFFERSON CITY — State lawmakers have approved a bill to help track Missouri's share of the $787 billion federal economic stimulus package.

Missouri is expected to receive at least $4 billion from the federal law.

The legislation creates two separate accounts — one for "stimulus" funds; the other for "budget stabilization" funds received under the federal law. It also allows the state treasurer to create additional dedicated accounts for stimulus money.

Gov. Jay Nixon has already created the two main accounts by executive order.

Senators gave final approval to a bill putting those accounts into state law by a 33-0 vote Tuesday. The bill now goes to the governor.

 


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements