The legislation contains numerous tax incentives, but also places caps and expiration dates on some frequently used programs.
The bill caps historic preservation tax credits at $80 million per year and low-income housing incentives at $110 million per year.
Kevin Klingerman with Catholic Charities St. Louis told the committee that capping the circuit breaker tax break for renters would hurt the poor and elderly in Missouri.
About 30 Tea Party members held a brief rally today inside the Missouri Capitol, where they called on lawmakers to reject the Aerotropolis proposal.
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