Mo. House leaders announce "compromise" on tax credit bill | St. Louis Public Radio

Mo. House leaders announce "compromise" on tax credit bill

Sep 21, 2011

Missouri House leaders have announced "a compromise proposal" on the tax credit bill that's become stalled during the ongoing special legislative session.

In a press release issued today, State Representatives John Diehl (R, Town and Country) and Anne Zerr (R, St. Charles) said that they had worked with Governor Jay Nixon (D) on crafting an alternate proposal.  However, the press release contains no details on what's in it.  Zerr says she cannot disclose what's in the compromise because it's still being worked on.

“This compromise has things that the House wants, things that the governor wants, and things that the Senate wants," Zerr said.  "We’ve worked it out, we’ve massaged it over the past couple of days, and we’re really hopeful that we can get this to the finish line.”

In an interview with Associated Press, Diehl says their latest proposal differs from the Senate bill in some of the specifics for the Compete Missouri program, and in how warehouses associated with proposed air cargo hub could qualify for incentives. 

Senate leaders say they were not involved and warn that some of the changes could encounter trouble in their chamber.

House Speaker Steven Tilley (R, Perryville) also indicates in the release that he did not intend for the special session to continue past Friday without progress on the tax credit bill.

Meanwhile, Senate leaders hosted an informational meeting this afternoon at the State Capitol to discuss their version of the tax credit bill.  A second meeting has also been scheduled Thursday.