MO Statehouse

Pages

Missouri House / Tax Credits
1:45 pm
Thu October 6, 2011

Economic development bill passes, more tax credit action in Mo. House

Credit (via Flickr/jennlynndesign)
An interior view of the Missouri Capitol building in Jefferson City, Mo.

Updated 5:14 p.m.

The Missouri House has passed its version of a wide-ranging tax credit bill.

It does not place expiration dates, or sunsets, on historic preservation and low income housing tax credits, as demanded by the Senate.  Instead, House GOP leaders hope to mollify the Senate with a new proposal:  All tax credit programs would come up for review every four years and be subject to a renewal vote by the General Assembly.  The measure is sponsored by House Budget Chairman Ryan Silvey (R, Kansas City).

Read more
Business Incentives
4:47 pm
Wed October 5, 2011

Mo. House panel advances business incentive bill

Credit (via Flickr/dbking)
Lambert-St. Louis International Airport.

A Missouri House committee has advanced legislation offering new incentives for some businesses and international exporters.

The vote Wednesday by the House Economic Development Committee could pave the way for the full chamber to debate the bill Thursday.

The plan creates incentives for computer data centers, amateur sports events and air cargo exports at the St. Louis airport. It also scales back some existing tax credits, but not as much as proposed under a version passed last month by the Senate.

Read more

Pages