Missouri House Passes New Tax Credit Plan

3 years 8 months 3 days ago May 16, 2013 May 16, 2013 Thursday, May 16 2013 Thursday, May 16, 2013 5:19:29 PM CDT in News
By: Associated Press

JEFFERSON CITY - The Missouri House has made a final offer to senators on a plan authorizing new business incentives and trimming some existing tax credits.

The House passed legislation Thursday that would reduce annual tax credits for historic preservation projects to $90 million from the current cap of about $140 million. It would gradually lower the tax-credit cap for low-income housing projects to $110 million annually from the current $135 million.

Both of those limits are higher than what has been endorsed by senators this year.

The House plan would extend a tax credit for developers who amass large tracts of land, which has been opposed by some senators.

The bill includes some new business incentives that senators have supported.

Lawmakers have until 6 p.m. Friday to send legislation to the governor.

More News

Grid
List
COLUMBIA – Washington D.C. isn’t the only city subject to cyber attacks. Mid-Missouri's power lines are at risk- but not... More >>
48 minutes ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 3:26:00 PM CST in News
JEFFERSON CITY - Members of Decoding Dyslexia Missouri met at the State Capitol on Wednesday for the second annual Decoding... More >>
54 minutes ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 3:20:00 PM CST in News
JEFFERSON CITY - Breaking political tradition, Gov. Eric Greitens did not present a proposed budget for the upcoming fiscal year... More >>
1 hour ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 3:10:00 PM CST in News
COLUMBIA- Officers responded to a robbery Wednesday morning at First State Community Bank on Golden Bear Drive. An initial... More >>
2 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 1:33:00 PM CST in News
ST. LOUIS (AP) — There's new life for a plan to have St. Louis taxpayers help fund a new downtown... More >>
2 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 1:20:06 PM CST in News
ST. LOUIS (AP) — A man whose conviction in a Missouri sports editor's death was overturned after spending nearly a... More >>
3 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 1:03:08 PM CST in News
KANSAS CITY (AP) — A Kansas City man will serve three years in federal prison without parole for pointing a... More >>
4 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 11:21:09 AM CST in News
LAS VEGAS (AP) — Police say a teenager and his mother are under arrest in the death of a Missouri... More >>
5 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 10:49:00 AM CST in News
ST. LOUIS (AP) — St. Louis police are investigating the shooting death of a 15-year-old girl. Two masked... More >>
6 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 10:07:00 AM CST in News
ROLLA (AP) — Authorities in south-central Missouri are investigating after a woman's body was found in a ditch along a... More >>
6 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 9:57:00 AM CST in News
INDEPENDENCE (AP) — Authorities are investigating a homicide in the Kansas City suburb of Independence. KMBC-TV reports that... More >>
6 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 9:54:00 AM CST in News
VANDALIA-The city of Vandalia is declaring a boil advisory until Thursday at 3 a.m. The city’s water pressure dropped... More >>
6 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 9:43:00 AM CST in News
LIBERTY (AP) — The former campus president of a Kansas City trade school says he was fired for letting a... More >>
6 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 9:31:00 AM CST in News
JEFFERSON CITY - Moody's Corporation has agreed to a settlement following a conduct investigation by the U.S. Dept. of Justice,... More >>
7 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 9:11:00 AM CST in News
COLUMBIA – The advisory board for Columbia Water and Light is set to meet Wednesday morning to discuss its goals... More >>
8 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 7:24:00 AM CST in News
EUGENE (AP) — Authorities say a 9-year-old boy has died after a farm tractor overturned in mid-Missouri. The Missouri... More >>
9 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 7:07:00 AM CST in News
JEFFERSON CITY (AP) — A contentious right-to-work bill to ban mandatory union fees is set to be debated by the... More >>
9 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 6:40:00 AM CST in News
HOUSTON (AP) — The Latest on the hospitalization of former President George H.W. Bush (all times local): 5:20 a.m.... More >>
10 hours ago January 18, 2017 Jan 18, 2017 Wednesday, January 18 2017 Wednesday, January 18, 2017 6:14:00 AM CST in News
Columbia, MO
Broken Clouds 50°
5pm 47°
6pm 45°
7pm 44°
8pm 42°

Select a station to view its upcoming schedule:

Coming Up Next

4:00p
Jeopardy!
4:30p
Jeopardy!
5:00p
KOMU 8 News @ 5
4:00p
Cops Reloaded
4:30p
The Cleveland Show
5:00p
American Dad!

Tonight's Schedule

7:00p
Blindspot
8:00p
Law & Order: Special Victims Unit
9:00p
Chicago P.D.
7:00p
Arrow
8:00p
Frequency
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld