GOP State Lawmakers Push for Economic Incentives, Want Special Session

7 years 4 months 3 weeks ago Wednesday, July 20 2011 Jul 20, 2011 Wednesday, July 20, 2011 2:08:00 PM CDT July 20, 2011 in News
By: The Associated Press

JEFFERSON CITY (AP) - Republican leaders of the Missouri House and Senate say they have reached a deal on a package of business incentives that could be considered during a special
session.

The agreement would create new tax breaks in an attempt to transform the St. Louis airport into an international cargo hub. It also would create new incentives for science and technology companies, computer-based data storage centers and amateur sporting events. In exchange, it would scale back some existing tax credits, including ones for the renovation of historic buildings and construction of low-income housing.


The plan is similar to one that failed during the regular session that ended in May.

Republican leaders want Democratic Gov. Jay Nixon to call lawmakers into a special session in September to consider the package.

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