![]() "If you're going to drive the economy in this state, you need to stop the politicians from picking winners and losers," Purgason said. ![]() Purgason says he doesn't like the idea of such a narrowly-tailored incentive. The hub would be a center for imports and exports with foreign nations, mainly China. Nixon called for the state legislature to offer up some incentives for the creation of a cargo hub at Lambert International Airport in St. What were trying to do is sunset and cap some tax credit programs," Purgason said. "We've been trying for years to try to get some budget certainty on some of our tax credit programs. Purgason mainly supports the elimination and sunset of several tax credit programs. “We will continue to work to advance these incentives coupled with reforms.” “Offering incentives to businesses in a financially responsible way to expand or relocate to Missouri is a step in making new jobs real and available,” Missouri Senate President Pro Tem Rob Mayer, R-Dexter, said. It also contained provisions for new tax incentives and was dubbed the "Compete Missouri" program. The measure, which received House and Senate approval but died out in a conference committee when the session ended, was designed to reduce or eliminate various tax credit programs for businesses and developers. Chuck Purgason, R-Caulfield, handled House Bill 116 in the Senate this spring. The issues the governor laid out for the special session all come from the 2011 regular legislative session. A legislator who represents the Lake of the Ozarks area finds himself in the mix for the special legislative session. ![]() Missouri Governor Jay Nixon announced he would call the Missouri General Assembly into special session into September to tackle tax credit reform and economic development.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |