Tax Incentives Unresolved in Missouri Legislature

8 years 10 months 3 weeks ago Friday, May 13 2011 May 13, 2011 Friday, May 13, 2011 10:44:00 AM CDT May 13, 2011 in News
By: Associated Press

JEFFERSON CITY (AP) -- A key lawmaker involved in negotiating an overhaul of Missouri's tax incentives says its prospects for passage appear "dismal" on the final day of the legislative session.
Republican House member John Diehl, of Town and Country, has been at the center of compromise attempts involving a bill that would curtail some of Missouri's existing tax credits. The bill also creates new credits intended to attract international trade, amateur sporting events and science and technology companies to Missouri.
Diehl's dismal outlook is shared by some others. Senate President Pro Tem Rob Mayer says he also is not very optimistic of passage.
Missouri lawmakers are nearing a mandatory 6 p.m. Friday adjournment.

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