Tagged: tax credits

Missouri House leaders have announced "a compromise proposal" on the tax credit bill that's become stalled during the ongoing special legislative session.

In a press release issued today, State Representatives John Diehl (R, Town and Country) and Anne Zerr (R, St. Charles) said that they had worked with Governor Jay Nixon (D) on crafting an alternate proposal.  However, the press release contains no details on what's in it.  Zerr says she cannot disclose what's in the compromise because it's still being worked on.

Updated 9:39 a.m. Sept. 14

A smaller version of the wide-ranging tax credit bill received first-round approval Tuesday in the Missouri Senate.  GOP Senate leaders realized there was not enough support within their own caucus for passing $360 million in air cargo incentives, not to mention a threatened filibuster. 

The Missouri Senate has postponed debate on the massive tax credit bill which includes $360 million for a cargo hub at Lambert Airport in St. Louis.

Debate was set to begin this morning, but some senators asked President Pro-tem Rob Mayer (R, Dexter) for more time to read the 268-page bill, which he granted.

As today marks the beginning of this year's special session in the Missouri legislature, this story from our own Adam Allington, which aired on Marketplace yesterday is especially pertinent.