Missouri Senate Provides Insight Into Job/Tax Bill

7 years 3 days 22 hours ago Thursday, September 22 2011 Sep 22, 2011 Thursday, September 22, 2011 6:21:00 PM CDT September 22, 2011 in News
By: Jessica Sibert
loading

COLUMBIA - The Missouri Senate held a second public meeting Thursday to explain the large jobs and tax credit reform bill that moved to the House last week.

Considered part of the special session, the bill aims to create performance-based tax incentive programs to help more Missourians get jobs. The bill would also require mandatory reviews or caps to reduce the amount of funding dedicated to tax credits annually.

Senate Leader Robert Mayer, R-Dexter, said Senate Bill 8 is estimated to save taxpayers up to $947 million over the next 15 years. But right now, he and the rest of legislators have to work out a few kinks, first by clearing up any confusion about the bills at the meeting.

"Well we're still working on trying to get the bill passed," Mayer said. "And this gives the general public, and House members, and Senate members, and whoever, the opportunity to come and listen to the details about the bill and understand why the Senate passed the provisions it did in the bill and why we think it's a good piece of legislation."

Mayer intends for part of the bill to include tax incentives for developers building an infrastructure with warehouses in the St. Louis area. He believes this will help attract a Chinese airline to base an air cargo hub nearby.

However this piece of legislation also attracted a Chinese art exhibit to be displayed in the capitol lobby. Art exhibitor Peng Su said she hopes the exhibit is influential during the special session.

"We are trying to raise awareness of the human rights abuse in China," Su said. "I think it's important for the general public, but also for very important for our state legislators, especially since they are talking about the China Hub issue. "

The exhibit features artwork that depicts the abuse still present in China today. As legislators discuss the possible addition of a Chinese hub in St. Louis, Su also hopes they will recognize the discord going on across the sea.

But as far as the bill is concerned, House representative Stephen Webber, D-Columbia, said not to expect anything final just yet.

"Senate Bill 8 is literally changing by the hour," he said. "I'm optimistic we get a good bill but I'm not going to commit to something until I actually get a chance to read it."  

The special session is supposed to end on Friday, but there is talk it may continue until this bill is decided upon.

More News

Grid
List
MEXICO - Authorities are investigating what caused mulch at the base of a front deck to catch fire early Wednesday.... More >>
1 hour ago Wednesday, September 26 2018 Sep 26, 2018 Wednesday, September 26, 2018 8:35:00 AM CDT September 26, 2018 in News
MONITEAU COUNTY - Troopers responded to a multi-vehicle collision Tuesday in which one man died and another was eventually arrested... More >>
1 hour ago Wednesday, September 26 2018 Sep 26, 2018 Wednesday, September 26, 2018 8:20:00 AM CDT September 26, 2018 in Top Stories
COLUMBIA - Local non-profit group Resident Arts and Columbia's Office of Cultural Affairs will hold a final public meeting Wednesday... More >>
4 hours ago Wednesday, September 26 2018 Sep 26, 2018 Wednesday, September 26, 2018 5:33:00 AM CDT September 26, 2018 in News
ST. LOUIS (AP) — A quirk in the mail delivery system that forced some rural Missouri residents living along the... More >>
4 hours ago Wednesday, September 26 2018 Sep 26, 2018 Wednesday, September 26, 2018 5:16:15 AM CDT September 26, 2018 in News
COLUMBIA- The Columbia Community Land Trust is meeting in hopes to add more low-income housing to Columbia in the near-future.... More >>
14 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 7:33:00 PM CDT September 25, 2018 in Top Stories
JEFFERSON CITY - After cross examination Tuesday, the defense in the Missouri Voter ID trial presented their first witness in... More >>
14 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 7:08:00 PM CDT September 25, 2018 in News
COLUMBIA - Hundreds of students registered to vote on the University of Missouri campus Tuesday. The Associated Students of... More >>
15 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 6:13:00 PM CDT September 25, 2018 in News
CANTON, MA (CNN) - Starting in January, Dunkin' Donuts will drop the "Donuts" from ads, packages and signage at new... More >>
16 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 5:39:00 PM CDT September 25, 2018 in News
JEFFERSON CITY - A police officer hurt his leg while trying to stop a man he caught breaking into a... More >>
16 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 5:31:00 PM CDT September 25, 2018 in News
JEFFERSON CITY (AP) — Screenshots of text messages show former Missouri Gov. Eric Greitens' staff used a message-deleting app on... More >>
17 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 4:33:00 PM CDT September 25, 2018 in News
COLUMBIA - Taxes on Chinese imported goods could make home building and renovating more expensive. According to CNBC ,... More >>
17 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 3:44:00 PM CDT September 25, 2018 in News
MILLER COUNTY - A tri-state drug deal operation led to a murder in Miller County in June, according to the... More >>
18 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 3:09:00 PM CDT September 25, 2018 in News
JEFFERSON CITY - A historic building in Jefferson City continues to collapse, with another piece breaking off Monday morning. ... More >>
19 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 2:42:00 PM CDT September 25, 2018 in News
JEFFERSON CITY - The plaintiff in the Missouri voter ID case presented a witness and expert Tuesday who said the... More >>
19 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 2:25:00 PM CDT September 25, 2018 in News
COLUMBIA - A teenager pleaded guilty in connection with a 2016 homicide on Claudell Lane, but prosecutors dropped a murder... More >>
21 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 11:52:00 AM CDT September 25, 2018 in News
CHILICOTHE - A Holts Summit woman convicted of murdering her husband died in prison, according to an obituary published by... More >>
22 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 11:36:00 AM CDT September 25, 2018 in News
(CNN) -- President Donald Trump stepped up to the iconic dais at the United Nations General Assembly on Tuesday on... More >>
22 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 11:17:14 AM CDT September 25, 2018 in News
JEFFERSON CITY, Mo. (AP) — Missouri Gov. Mike Parson says state tax credits for low-income housing won't be issued until... More >>
23 hours ago Tuesday, September 25 2018 Sep 25, 2018 Tuesday, September 25, 2018 10:36:00 AM CDT September 25, 2018 in News
Columbia, MO
Broken Clouds 56°
10am 57°
11am 60°
12pm 63°
1pm 65°