Mo. Business, Labor Groups Back Special Session

8 years 3 months 1 week ago Wednesday, August 31 2011 Aug 31, 2011 Wednesday, August 31, 2011 3:28:00 AM CDT August 31, 2011 in News
Source: Jamie Goncalves
By: Associated Press

JEFFERSON CITY (AP) - Missouri business groups are teaming up with labor unions to tout a package of tax incentives to be considered during a special legislative session.

The AFL-CIO has joined with the Missouri Chamber of Commerce and Industry and several local chamber affiliates to push for passage of the wide-ranging legislation. A special session is to begin Sept. 6.

The proposal would create new tax breaks to encourage goods to be shipped internationally through the St. Louis airport. It also would create new tax incentives for science and technology-based companies, computerized data storage centers and the organizers of amateur sporting events.

Other new incentives would be aimed at keeping Missouri companies from leaving the state.

Union and business leaders say the plan could create thousands of jobs in coming years.

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