Missouri Senate Approves Sales Tax for Transportation

Missouri senators on Wednesday endorsed a proposed penny sales tax increase that could raise nearly $8 billion over a decade for transportation projects. State gas taxes would need to rise 20 to 25 cents to generate equivalent revenue.

The first-round approval needs another affirmative vote before the measure would move to the House, and even if passes there, it would require voter approval.

(more on Missouri's sales tax increase for roads . . . )