Missouri House Passes MOSIRA Bill in Special Session

7 years 11 months 4 weeks ago Friday, September 23 2011 Sep 23, 2011 Friday, September 23, 2011 1:54:00 PM CDT September 23, 2011 in News
By: Joe Chiodo
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JEFFERSON CITY - The Missouri Special Session continued Friday morning as the House of Representatives passed a bill creating new incentives to lure science and technology-based companies to the state. 

The House overwhelmingly voted 94-48 to pass Senate Bill 7, the Missouri Science and Innovation Reinvestment Act, and send it to Governor Jay Nixon.

If Governor Nixon signs the bill into law, it is still unclear whether the bill will take effect due to specific wording in the legislation.  The legislation reads the bill can only take effect if Governor Nixon also signs a separate bill making broader changes to Missouri's business incentives. 

This bill, known as the "Development Bill" would cause $360 million in tax credits, most of which would go to one developer to build warehouses, for the "Aerotopolis plan" at the Lambert-St. Louis International Airport.  The plan would convert the airport into an international cargo hub for trade with China.

The House and Senate have been unable to reach an agreement on how to pay for the bill since the special session began.  Lawmakers continue to disagree over cuts in two leading tax credit programs aimed at historic preservation and developing low-income housing.  Additionally, the Senate continues to advocate ending the programs in seven years through sunset provisions, while the House opposes this idea.

The House quit for the day without debating the broader, economic development bill.  Lawmakers are not sure when they will get around to that discussion.

The House also passed Senate Bill 1, which some call "The Facebook Law". The bill will modify provisions relating to communications between school district employees and students, primarily through social media such as Facebook and Twitter.

 

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