Missouri Senate Provides Insight Into Job/Tax Bill

9 years 3 weeks 6 days 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
(CNN) -- President Donald Trump on Saturday signed into law a bipartisan bill that will make 9-8-8 the universal telephone... More >>
1 hour ago Monday, October 19 2020 Oct 19, 2020 Monday, October 19, 2020 9:54:00 AM CDT October 19, 2020 in A Brighter Tomorrow
CPS elementary families prepare students for in-person learning Elementary students enrolled in Columbia Public Schools will begin attending... More >>
6 hours ago Monday, October 19 2020 Oct 19, 2020 Monday, October 19, 2020 4:21:00 AM CDT October 19, 2020 in Top Stories
JEFFERSON CITY- Missouri has seen a rise in crime in recent years. The most recent FBI Uniform Crime Reporting... More >>
13 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 9:22:00 PM CDT October 18, 2020 in News
COLUMBIA - By now you’re aware science tells us the only way to slow our rapidly changing climate is to... More >>
14 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 8:54:00 PM CDT October 18, 2020 in Climate
COLUMBIA– Elementary students enrolled in Columbia Public Schools will begin attending school for classes starting Monday. Many parents... More >>
16 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 6:27:00 PM CDT October 18, 2020 in News
COLUMBIA - Candidates for Missouri's District 19 State Senate seat condemned a false text message reportedly sent to voters this... More >>
19 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 3:34:00 PM CDT October 18, 2020 in News
(CNN) - Blazes roaring through Colorado and Utah have pushed people from their homes and caused damage that officials have... More >>
21 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 1:15:03 PM CDT October 18, 2020 in News
(CNN) - If you're unable to get a cell phone signal when you walk your dog around the block, this... More >>
22 hours ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 12:10:00 PM CDT October 18, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. Layered bar/line... More >>
1 day ago Sunday, October 18 2020 Oct 18, 2020 Sunday, October 18, 2020 9:40:00 AM CDT October 18, 2020 in Top Stories
COLUMBIA - Boone County Democrats and Republicans have found common ground -- voting this year is confusing. "Our primary... More >>
1 day ago Saturday, October 17 2020 Oct 17, 2020 Saturday, October 17, 2020 4:01:00 PM CDT October 17, 2020 in News
(CNN) -- Get ready for the most difficult months yet in this pandemic. The fall Covid-19 surge is here... More >>
1 day ago Saturday, October 17 2020 Oct 17, 2020 Saturday, October 17, 2020 3:08:39 PM CDT October 17, 2020 in News
KANSAS CITY, Mo. (AP) — The attorney for a Black Missouri woman whose arrest when she was nine-months pregnant sparked... More >>
1 day ago Saturday, October 17 2020 Oct 17, 2020 Saturday, October 17, 2020 11:06:05 AM CDT October 17, 2020 in News
As COVID-19 continues to spread, KOMU 8 will continue to update you about impacts in the community. Layered bar/line... More >>
2 days ago Saturday, October 17 2020 Oct 17, 2020 Saturday, October 17, 2020 9:32:00 AM CDT October 17, 2020 in News
(CNN) -- The federal government has made a deal with retail pharmacies CVS and Walgreens to help distribute coronavirus vaccine... More >>
2 days ago Friday, October 16 2020 Oct 16, 2020 Friday, October 16, 2020 8:27:00 PM CDT October 16, 2020 in News
JEFFERSON CITY - The Missouri State Highway Patrol held a forum on the use of force and training Friday morning.... More >>
2 days ago Friday, October 16 2020 Oct 16, 2020 Friday, October 16, 2020 7:00:00 PM CDT October 16, 2020 in News
CLAYTON — The ousted diversity director for St. Louis County alleges in a lawsuit that she was dismissed in retaliation... More >>
2 days ago Friday, October 16 2020 Oct 16, 2020 Friday, October 16, 2020 6:02:00 PM CDT October 16, 2020 in News
COLUMBIA- COVID-19 continues to make a ruckus in the SEC football schedule. KOMU 8 Sports has confirmed Missouri will... More >>
2 days ago Friday, October 16 2020 Oct 16, 2020 Friday, October 16, 2020 5:48:00 PM CDT October 16, 2020 in News
Welcome to Week 8 of Friday Night Fever! Our Game of the Week features the Blair Oaks Falcons traveling to... More >>
2 days ago Friday, October 16 2020 Oct 16, 2020 Friday, October 16, 2020 5:43:00 PM CDT October 16, 2020 in Friday Night Fever
Columbia, MO
Broken Clouds 44°
12pm 46°
1pm 46°
2pm 48°
3pm 46°