Missouri House Passes New Tax Credit Plan

4 years 11 months 1 week ago Thursday, May 16 2013 May 16, 2013 Thursday, May 16, 2013 5:19:29 PM CDT May 16, 2013 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 – The Columbia City Council met Monday night in a work session to discuss ways to improve Columbia's water... More >>
4 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 8:00:00 PM CDT April 23, 2018 in Top Stories
COLUMBIA – Hundreds gathered at the first ever Japanese Spring Festival on MU’s campus Monday afternoon. Student Momoko Tamamura came... More >>
4 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 7:21:00 PM CDT April 23, 2018 in Top Stories
JEFFERSON CITY – One local woman is reflecting on her decision to vote for President Donald Trump after some have... More >>
5 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 7:00:00 PM CDT April 23, 2018 in Top Stories
ST. LOUIS (AP) — The law firm representing the ex-husband of the woman who had an affair with Missouri... More >>
6 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:45:00 PM CDT April 23, 2018 in Continuous News
JEFFERSON CITY (AP) — A Democratic Missouri state lawmaker says he won't step down despite facing backlash for repeatedly calling... More >>
6 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:21:20 PM CDT April 23, 2018 in Continuous News
COLUMBIA - MU staff members spent Monday afternoon discussing how the university could become Columbia's "employer of choice" again with... More >>
7 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 5:05:00 PM CDT April 23, 2018 in News
COLUMBIA - Residents moving into the Lynn Street Cottages in Columbia not only obtain four new walls, they also receive... More >>
7 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 4:14:00 PM CDT April 23, 2018 in News
COLUMBIA - Students at Rock Bridge High School will be attending prom this weekend, and for the first time ever,... More >>
7 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 4:13:00 PM CDT April 23, 2018 in Continuous News
JOPLIN - An EF-5 tornado struck the city of Joplin on May 22, 2011. The next day Jeff Neal, a... More >>
8 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 3:29:00 PM CDT April 23, 2018 in News
JEFFERSON CITY – Tax reform in Missouri is one step closer to becoming a reality. The Missouri House Ways... More >>
9 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:56:00 PM CDT April 23, 2018 in News
JOPLIN - More businesses, new schools and new homes- one drive through Joplin reveals a clear transformation from devastation to... More >>
9 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:20:00 PM CDT April 23, 2018 in News
JEFFERSON CITY – Lawmakers in Missouri added a $3 million dollar line to the Attorney General’s budget for sexual assault... More >>
9 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 2:11:00 PM CDT April 23, 2018 in News
NASHVILLE, Tenn. (AP) — The Latest on shooting at Tennessee restaurant that left four dead (all times local):... More >>
10 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 1:22:00 PM CDT April 23, 2018 in News
COLUMBIA - When it comes to losing weight, many of us start with looking at our diet. Are we eating... More >>
11 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 12:21:00 PM CDT April 23, 2018 in Weekly Wellness
ST. LOUIS (AP) — Attorneys for Missouri Gov. Eric Greitens say they will seek to disqualify prosecutors in the... More >>
12 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:37:40 AM CDT April 23, 2018 in News
JEFFERSON CITY - Only one week old, Molly was outside in the snow and sleet. She was found in a... More >>
12 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:14:00 AM CDT April 23, 2018 in News
SEDALIA (AP) — A former volunteer at a small Missouri museum has been charged with stealing thousands of dollars' worth... More >>
13 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 11:04:00 AM CDT April 23, 2018 in News
COLUMBIA -Bullets hit a Columbia residence early Sunday morning while five people were inside. It happened just after 4... More >>
14 hours ago Monday, April 23 2018 Apr 23, 2018 Monday, April 23, 2018 9:59:00 AM CDT April 23, 2018 in News
Columbia, MO
Broken Clouds 60°
12am 57°
1am 56°
2am 55°
3am 54°