Missouri Senate Approves Tax Credits Compromise

7 years 5 months 1 day ago Wednesday, May 16 2012 May 16, 2012 Wednesday, May 16, 2012 2:22:00 PM CDT May 16, 2012 in News
Source: Associated Press
By: Associated Press

JEFFERSON CITY (AP) - The Missouri Senate has voted to authorize new tax credits to attract amateur sporting events to the state.

The measure, approved in a 28-3 vote Wednesday, would also cap the amount of tax credits available to refurbish historical buildings at $75 million. The state currently authorizes $110 million each year on such incentives.

Several senators hailed the legislation as a compromise between those who want to expand or limit the state's tax incentives.

The tax credit deal was tacked onto legislation imposing new requirements on state economic development officials who screen businesses requesting financial incentives. The full measure now goes back to the House, which can accept the Senate's changes or send the bill to negotiations between the two chambers.

More News

Grid
List
BOONVILLE - A grand jury indicted a man on October 11 for one count of child molestation. Robert Bosma,... More >>
12 minutes ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 3:33:00 PM CDT October 17, 2019 in News
HIGH POINT- In an effort to increase safety at school, High Point school district recently began arming select teachers. ... More >>
1 hour ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 2:21:00 PM CDT October 17, 2019 in News
COLUMBIA - Missouri school districts found out Thursday how well they performed over the last school year following the release... More >>
1 hour ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 2:17:00 PM CDT October 17, 2019 in News
COLUMBIA - Leaders of a support group say their new "Reentry Opportunity Center" will help give recently released inmates the... More >>
1 hour ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 1:46:00 PM CDT October 17, 2019 in News
FULTON - A man has been arrested after drug bust earlier this morning in Fulton. Antonio Jerome Beard, 43,... More >>
2 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 1:36:00 PM CDT October 17, 2019 in News
JEFFERSON CITY - Missouri unemployment has decreased a tenth of a percent in the past month according to a new... More >>
2 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 1:10:00 PM CDT October 17, 2019 in News
COLUMBIA (AP) — A judge has ordered a man to repay most of a $2 million settlement he received after... More >>
2 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 12:50:00 PM CDT October 17, 2019 in News
(CNN) -- Rep. Elijah Cummings, a longtime Maryland Democrat and key figure leading investigations into President Donald Trump, has died... More >>
5 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 10:04:01 AM CDT October 17, 2019 in News
JEFFERSON CITY - Immaculate Conception Catholic Parish's discussion panel will center on the "Faith Response to Climate Change." The... More >>
8 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 7:30:00 AM CDT October 17, 2019 in News
FULTON – Callaway County has existed for nearly 200 years without taxes that support law enforcement or the county judicial... More >>
12 hours ago Thursday, October 17 2019 Oct 17, 2019 Thursday, October 17, 2019 3:38:00 AM CDT October 17, 2019 in News
COLUMBIA - On Wednesday morning the National Oceanic and Atmospheric Association (NOAA) released an update to global land and ocean... More >>
17 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 9:49:00 PM CDT October 16, 2019 in Climate
MEXICO – A vape business owner defended their products after Governor Mike Parson released his ‘Clean the Air’ campaign Tuesday.... More >>
18 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 9:11:00 PM CDT October 16, 2019 in News
COLUMBIA — Police chased a person through Columbia Wednesday night after they said the suspect failed to pull over for... More >>
19 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 8:07:00 PM CDT October 16, 2019 in News
JEFFERSON CITY - State Auditor Nicole Galloway released an audit Wednesday of the Insurance Dedicated Fund and the Insurance Examiners'... More >>
20 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 6:48:00 PM CDT October 16, 2019 in News
COLUMBIA - The Sharp End Heritage Committee unveiled seven new markers Wednesday that will be placed on the African American... More >>
21 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 5:48:00 PM CDT October 16, 2019 in News
JEFFERSON CITY — Missouri Attorney General Eric Schmitt filed a lawsuit against Cory Mincey and Puppy Love Kennel of Dallas... More >>
21 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 5:48:00 PM CDT October 16, 2019 in News
COLUMBIA - In an effort to decrease the number of suicides across the state, a non-profit group is teaming up... More >>
22 hours ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 5:45:00 PM CDT October 16, 2019 in News
MILLER COUNTY - A Tuscumbia man has been sentenced to 15 years in the Missouri Department of Corrections for failure... More >>
1 day ago Wednesday, October 16 2019 Oct 16, 2019 Wednesday, October 16, 2019 2:42:00 PM CDT October 16, 2019 in News
Columbia, MO
Broken Clouds 62°
4pm 64°
5pm 63°
6pm 61°
7pm 57°