Tagged: tax credits

Lawmakers have left Jefferson City and are not scheduled to return, even though the special session is still officially underway.  House and Senate leaders are still at odds over a wide-ranging tax credit bill.

The only legislative action so far this week was Monday’s technical session in the Missouri Senate, in which two Senators gaveled the chamber in, took no action, then gaveled out about a minute later.  The House is scheduled to hold a similarly brief session on Thursday.

The special legislative session in Missouri did not come to an end today, despite warnings from House and Senate leaders that they would go home if an agreement on a wide-ranging tax credit bill wasn’t reached by today's adjournments.

Instead, both chambers will hold technical sessions, where just a handful of lawmakers gavel in for a few minutes and then adjourn.  Senate President Pro-tem Rob Mayer (R, Dexter) says his chamber will only meet in technical sessions until an agreement is reached on tax credits, or until time runs out in early November, whichever comes first.

The city of St. Louis once again plans to use tax credits to keep the headquarters of a major company in downtown.

Legislation that will be introduced at the Board of Aldermen on Friday gives Ralcorp $20 million in tax credits to upgrade and expand its headquarters at 8th and Market.