The so-called Aerotropolis bill would provide around $480 million in tax credits to companies that develop air cargo facilities at or near Lambert. Airport Director Rhonda Hamm-Niebruegge told the committee that the bill is about more than just doing business with China.
The so-called Aerotropolis bill has received first-round approval in the Missouri House. If passed, it would provide up to $480 million in tax credits to encourage global air trade via St. Louis, including incentive for companies to build storage facilities near Lambert International Airport. It’s sponsored by GOP House Member Caleb Jones of Moniteau County.