The economic development deal struck by lawmakers will cut one of Missouri’s most popular tax credits nearly in half.
The deal between House and Senate leaders would cut the amount of Historic Preservation tax credits issued each year from $140 million down to $80 million.
Ruth Keenoy with the non-profit Landmark Associates of St. Louis, Inc., says the smaller cap would be detrimental to Missouri’s economy. She wants the incentives to be left as-is.
Nixon to lead trade delegation to China
Missouri Gov. Jay Nixon plans to lead a trade delegation to China later this year. The governor's office on Wednesday confirmed a report in the St. Louis Post-Dispatch about the trade mission.
No date has been set.
Updated 7:51 p.m.
A letter from Mo. Gov. Jay Nixon circulated around Twitter this afternoon, and hosted on the Missouri Chamber of Commerce's website, states that Nixon will be leading a Missouri delegation to China "later this year."
According to the St. Louis Post-Dispatch, Nixon's office has confirmed that the trip is in the works.
St. Louis Public Radio is a service of the University of Missouri-St. Louis.