Nixon signs bill creating stimulus money accounts
Jefferson City, MO – Missouri Governor Jay Nixon has signed into law a bill that creates two accounts designed to keep track of the state's federal stimulus money.
"This is an important step to help state officials, government agencies and all in Missouri make sure that they can ensure that our recovery funds are transparent, and are put to the best use possible to create jobs and to move our economy forward," Nixon said.
Missouri is expected to get at least $4 billion from the federal stimulus act signed by President Obama.
Today's bill signing had been delayed over concerns that channeling the funds into the accounts would block their usage by the state's transportation department for much-needed road projects.
But lawmakers gave MoDOT permission within the supplemental budget approved earlier this week.