Governor Nixon to Call Session to Improve Economy

6 years 10 months 1 hour ago Wednesday, July 20 2011 Jul 20, 2011 Wednesday, July 20, 2011 5:37:00 PM CDT July 20, 2011 in News
By: Jake Schlegel
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JEFFERSON CITY  - Governor Nixon's spokesman, Scott Holste, said Wednesday that the governor intends to call a special session to focus on passing a bi-partisan jobs package to help move the economy forward.

Republican legislative leaders said they reached an agreement on a plan to create new business incentives while scaling back tax credits. The plan would limit the maximum amount of money that could be offered under existing tax credits, including ones for renovation of historic buildings and construction of low-income housing.

The plan would also create incentives for science and technology companies, as well as computer-based data storage centers and big-time amateur sporting events. Additionally, the plan would authorize tax breaks to attract international cargo shippers to Lambert-St. Louis International Airport.

The Governor will be in St. Louis and Kansas City Thursday to begin laying out the next steps for convening the general assembly.

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