tax credits http://news.stlpublicradio.org en Schweich Gives Low Marks To State Brownfield Tax Credits http://news.stlpublicradio.org/post/schweich-gives-low-marks-state-brownfield-tax-credits <p><span style="line-height: 1.5;">A new audit says Missouri’s Department of Economic Development did not provide proper oversight to state tax credits designed to help developers clean up contaminated property.</span></p><p>In the report released Thursday, State Auditor Tom Schweich gave the Missouri Brownfield&nbsp;Tax Credit program his lowest rating possible. The program awarded more than $185 million in credits between 2000 and 2013.</p> Thu, 10 Apr 2014 22:29:37 +0000 Rachel Lippmann 35210 at http://news.stlpublicradio.org Tax Cut Bill Changes Focus To Tax Credit Reform, Sparks GOP Fight http://news.stlpublicradio.org/post/tax-cut-bill-changes-focus-tax-credit-reform-sparks-gop-fight <p><span style="line-height: 1.5;">A proposed tax cut that conformed to conditions laid out by <a href="http://governor.mo.gov/">Gov. Jay Nixon</a> was radically altered Monday in an effort to move the overall proposal forward.</span></p> Tue, 11 Mar 2014 04:39:32 +0000 Marshall Griffin 34307 at http://news.stlpublicradio.org Tax Cut Bill Changes Focus To Tax Credit Reform, Sparks GOP Fight Missouri House Passes 'Angel Investment' Tax Credit http://news.stlpublicradio.org/post/missouri-house-passes-angel-investment-tax-credit <p><span style="line-height: 1.5;">The Missouri House has passed legislation to create tax incentives to lure wealthy high-tech investors to the Show-Me State.</span></p> Fri, 07 Mar 2014 02:59:31 +0000 Marshall Griffin 34234 at http://news.stlpublicradio.org Missouri House Passes 'Angel Investment' Tax Credit Tax Cut Proposal Passes Mo. House Committee; Testimony Heard On Tax Credit Package http://news.stlpublicradio.org/post/tax-cut-proposal-passes-mo-house-committee-testimony-heard-tax-credit-package <p><span style="line-height: 1.5;">Tax cuts and tax credits were the center of attention at hearings conducted by two Missouri House committees Tuesday night.</span></p> Wed, 29 Jan 2014 11:35:13 +0000 Marshall Griffin 33326 at http://news.stlpublicradio.org Tax Cut Proposal Passes Mo. House Committee; Testimony Heard On Tax Credit Package Curtain Falls On Missouri's 2013 Legislative Session http://news.stlpublicradio.org/post/curtain-falls-missouris-2013-legislative-session <p></p><p><span style="LINE-HEIGHT: 1.5">Missouri's legislative session has ended, with several issues resolved and several more that came up just short.&nbsp; St. Louis Public Radio's Marshall Griffin takes a closer look at the final day, and at what happens now:</span></p><p></p><p><strong>A few that didn't make it, and a few that did</strong></p> Sat, 18 May 2013 08:40:31 +0000 Marshall Griffin 26518 at http://news.stlpublicradio.org Curtain Falls On Missouri's 2013 Legislative Session Tax Credits Die Again In Missouri Senate http://news.stlpublicradio.org/post/tax-credits-die-again-missouri-senate <P><SPAN style="FONT-FAMILY: 'Arial', 'sans-serif'; FONT-SIZE: 14pt">Missouri senators have given up their attempt to pass an overhaul of some of the state's tax credit programs for businesses and developers.</SPAN></P> <P><SPAN style="FONT-FAMILY: 'Arial', 'sans-serif'; FONT-SIZE: 14pt">Supporters of the bill set it aside Friday after Republican Sen. Fri, 17 May 2013 18:15:48 +0000 The Associated Press 26501 at http://news.stlpublicradio.org Tax Credits Die Again In Missouri Senate Nixon Vetoes Bill That Would Eliminate Tax Break For Elderly Renters http://news.stlpublicradio.org/post/nixon-vetoes-bill-would-eliminate-tax-break-elderly-renters <p></p><p><span style="line-height: 1.5;">Governor Jay Nixon (D) has vetoed legislation that would eliminate a tax credit for elderly </span>Missourians<span style="line-height: 1.5;"> who rent their homes.</span></p> Wed, 15 May 2013 10:36:41 +0000 Marshall Griffin 26410 at http://news.stlpublicradio.org Nixon Vetoes Bill That Would Eliminate Tax Break For Elderly Renters With 1 Week Left, What Remains For Missouri's 2013 Legislative Session? http://news.stlpublicradio.org/post/1-week-left-what-remains-missouris-2013-legislative-session <p></p><p><span style="line-height: 1.5;">The final week of Missouri's regular legislative session has arrived.&nbsp; The Republican-led General Assembly and Democratic Governor Jay Nixon are pushing to get several things accomplished before Friday.&nbsp; St. Louis Public Radio's Marshall Griffin tells us that the session, so far, has been one highlighted by partisanship and controversy.</span></p><p></p><p><strong>Nixon vs. lawmakers, tax credit reform</strong></p> Mon, 13 May 2013 11:31:36 +0000 Marshall Griffin 26320 at http://news.stlpublicradio.org With 1 Week Left, What Remains For Missouri's 2013 Legislative Session? Mo. Gen. Assembly Sends Benevolent Tax Credits Bill To Gov. Nixon http://news.stlpublicradio.org/post/mo-gen-assembly-sends-benevolent-tax-credits-bill-gov-nixon <p>Two sets of tax credits were passed by Missouri lawmakers Wednesday and sent to <a href="http://gov.mo.gov/">Governor Jay Nixon</a> (D).</p> Thu, 14 Mar 2013 11:27:26 +0000 Marshall Griffin 10178 at http://news.stlpublicradio.org Mo. Gen. Assembly Sends Benevolent Tax Credits Bill To Gov. Nixon Mo. House Speaker Casts Doubt on Senate's Tax Credit Bill http://news.stlpublicradio.org/post/mo-house-speaker-casts-doubt-senates-tax-credit-bill <P>The <A href="http://www.senate.mo.gov/">Missouri Senate</A>&nbsp;today passed a wide-ranging tax credit bill that drastically lowers the caps on Historic Preservation and Low Income Housing programs.</P> <P><A href="http://www.senate.mo.gov/13info/bts_web/Bill.aspx?SessionType=R&amp;BillID=17149793">Senate Bill 120</A> would cap Historic Preservation incentives at $50 million a year, instead of the current $140 million, and Low Income Housing incentives would be capped at $55 million a year, instead of the current $190 million.&nbsp; That bill is now in the hands of the Missouri House, where <A href="http://www.house.mo.gov/member.aspx?district=110&amp;year=2013">Speaker Tim Jones</A> (R, Eureka) has indicated that he and other House leaders don’t like the drastic cuts. Fri, 01 Mar 2013 01:24:01 +0000 Marshall Griffin 9766 at http://news.stlpublicradio.org Mo. House Speaker Casts Doubt on Senate's Tax Credit Bill