Mo. Lawmakers Back Tax Break for Aircraft Repairs

3 years 9 months 4 weeks ago Thursday, April 24 2014 Apr 24, 2014 Thursday, April 24, 2014 4:47:09 AM CDT April 24, 2014 in News
By: The Associated Press

JEFFERSON CITY (AP) - Missouri lawmakers want to create a permanent tax break for airplane repairs.

A bill given final approval Wednesday by the Senate focuses on an existing sales tax break for parts used to repair or modify aircraft. That tax break is due to expire next January. But the bill would extend it indefinitely.

The legislation previously was approved by the House, so it now goes to Gov. Jay Nixon.

The Senate also gave initial approval Wednesday to a bill would provide a sales tax exemption for aircraft sold in Missouri to non-residents who don't keep the aircraft in the state for more than 10 business days.

Supporters said Missouri is missing out on repair and upgrade jobs that often accompany airplane sales because it lacks such a tax break.

 

More News

Grid
List
COLUMBIA - For the first time, a Columbia competitive cheer squad will compete at The D2 Summit Championship at Disney... More >>
55 minutes ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 8:02:00 PM CST February 21, 2018 in News
COLUMBIA - The city is considering an additional audit of Columbia. Every year an audit takes place to make sure... More >>
1 hour ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 7:32:00 PM CST February 21, 2018 in News
CENTRALIA - A bill that would give the city of Centralia the opportunity to increase sales tax by a half... More >>
2 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 6:56:00 PM CST February 21, 2018 in News
JEFFERSON CITY (AP) — The Missouri Senate has endorsed a bill that could boost Medicaid payments for nursing homes.... More >>
3 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 5:47:01 PM CST February 21, 2018 in Continuous News
JEFFERSON CITY (AP) — Both the Missouri House and Senate have given initial approval to bills that would create... More >>
3 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 5:43:37 PM CST February 21, 2018 in Continuous News
JEFFERSON CITY - Not all convicted Missouri inmates run from the law, but most run up large costs for the... More >>
3 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 5:09:00 PM CST February 21, 2018 in Target 8
JEFFERSON CITY - Nearly six million vehicles cross structurally deficient bridges every day in the state of Missouri. That's according... More >>
4 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 4:21:00 PM CST February 21, 2018 in News
JEFFERSON CITY - Missouri teens are twice as likely to use tanning beds than the average American teen according to... More >>
4 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 4:03:00 PM CST February 21, 2018 in News
JEFFERSON CITY - The Federal Home Loan Bank of Des Moines (FHLBanks) awarded Jefferson City $910,000 to Greenway Village, Inc.... More >>
5 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 3:37:00 PM CST February 21, 2018 in News
COLUMBIA — Back-and-forth winter temperatures have been known to cause headaches, but especially for drivers this year. Potholes are... More >>
5 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 3:36:00 PM CST February 21, 2018 in Continuous News
JEFFERSON CITY - Missouri is one of three states that has not outlawed texting while driving for drivers 21 and... More >>
5 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 3:34:00 PM CST February 21, 2018 in News
COLUMBIA – A local business owner is facing charges of marijuana possession and distribution. Osama Nadir Yanis and his... More >>
5 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 3:05:00 PM CST February 21, 2018 in News
COLUMBIA - Pharmacy specialists outlined ways to address the opioid crisis as they spoke Wednesday in Columbia. Faculty members... More >>
6 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 2:57:00 PM CST February 21, 2018 in News
JEFFERSON CITY - The Missouri House is leaning toward making it a felony to purposefully send explicit images without consent,... More >>
6 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 2:55:00 PM CST February 21, 2018 in News
COLUMBIA – Columbia Regional Airport canceled two departures and delayed an arrival Wednesday because of the weather; but not the... More >>
6 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 2:19:00 PM CST February 21, 2018 in News
ST. LOUIS (AP) — The dangers of opioids are forcing police to change the way they test drugs... More >>
7 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 1:39:08 PM CST February 21, 2018 in News
SPRINGFIELD (AP) — Authorities say a man and woman from Missouri have admitted to selling male enhancement pills that... More >>
7 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 1:18:08 PM CST February 21, 2018 in News
SPRINGFIELD (AP) — A Springfield man has been found guilty of sexually assaulting a teenager with a mental disability... More >>
8 hours ago Wednesday, February 21 2018 Feb 21, 2018 Wednesday, February 21, 2018 12:49:46 PM CST February 21, 2018 in News
Columbia, MO
Broken Clouds 29°
9pm 29°
10pm 29°
11pm 30°
12am 30°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
2018 Olympic Winter Games
10:00p
KOMU 8 News @ 10
10:35p
2018 Olympic Winter Games
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld

Tonight's Schedule

7:00p
2018 Olympic Winter Games
7:00p
Riverdale
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld