aerotropolis

China Hub
4:20 pm
Wed December 5, 2012

Mo.-St. Louis Trade Delegation In China Renews Air Cargo Hub Efforts

Seated l-r: Tim Nowak, World Trade Center St. Louis, and Chung Tam, chief rep., Greater China Amer. Society of Transp. & Logistics...standing l-r: former Sen. Kit Bond and Ricardo Pelaez from US Consulate Gen.'s Shanghai office.
Jason Van Eaton, Kit Bond Strategies

Missouri and St. Louis-area leaders are wrapping up a trade mission to China this week designed to revive the so-called China Hub project.

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China Hub Tax Credits / Deer Hunting
5:44 pm
Tue November 1, 2011

Nixon mum on plans for China hub tax credits during hunting program event

Mo. Gov. Jay Nixon encourages local deer hunters to donate venison through the Share the Harvest program during a visit to the St. Louis Area Food Bank on Nov. 1, 2011. Nixon also answered questions regarding trade relations with China at the event.
(UPI/Bill Greenblatt)

While in the St. Louis region Tuesday for a press conference on the Share the Harvest program (which you can learn more about below) Mo. Gov. Jay Nixon called his trade trip to China productive - however, he had little to say about whether he wants to renew efforts to get tax credits for a China hub.

The Democrat said his week-long trip resulted in $4.6 billion in export agreements between Missouri and China.

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MO Statehouse/Nixon trade trip
5:06 pm
Thu October 20, 2011

Nixon says lack of China hub agreement won't change trade trip to the country

Gov. Jay Nixon and Chinese ambassador Zhou Wenzhong, during a state dinner in Feb. 2010. Nixon leaves for China tomorrow on a eight-day trade mission.
(UPI/Bill Greenblatt)

In August, Gov. Jay Nixon, with much fanfare, called for a special session of the Missouri General Assembly.

So, what's the top priority for everyone? A package of tax credits affectionately known as "Aerotropolis," which would provide incentives for the creation of a hub for Chinese cargo at Lambert Airport.

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Morning round-up
9:28 am
Tue October 18, 2011

Morning headlines: Tuesday, October 18, 2011

Mo. Gov. Jay Nixon (L) welcomes China's Ambassador to the United States, Zhou Wenzhong during a state dinner last year. Nixon says Mo. officials expect to finalize billions of dollars of export agreements during an upcoming trip to China.
UPI/Bill Greenblatt

Nixon to announce details of China trip

Missouri Gov. Jay Nixon says state officials expect to finalize billions of dollars of export agreements during an upcoming trade trip to China. Nixon plans to announce more details of the trip today during a visit to a Cargill soybean processing facility in Kansas City.

The governor said Monday the trip will allow the state to sign export agreements with Chinese agencies and provide a chance for numerous Missouri businesses to close deals with Chinese customers.

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Business Incentives
4:47 pm
Wed October 5, 2011

Mo. House panel advances business incentive bill

Lambert-St. Louis International Airport.
(via Flickr/dbking)

A Missouri House committee has advanced legislation offering new incentives for some businesses and international exporters.

The vote Wednesday by the House Economic Development Committee could pave the way for the full chamber to debate the bill Thursday.

The plan creates incentives for computer data centers, amateur sports events and air cargo exports at the St. Louis airport. It also scales back some existing tax credits, but not as much as proposed under a version passed last month by the Senate.

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Morning round-up
9:19 am
Tue September 20, 2011

Morning headlines: Tuesday, September 20, 2011

A key MO. House member says the special legislative session on job-creation may end unless a consensus can be found in the next two days.
Flickr/JimBowen0306

Special legislative session may end unless consensus found in 2 days

Supporters and opponents of the scaled-down tax credit bill spent more than six hours Monday trying to make their respective cases to a Missouri House committee.  Senate leaders slashed $300 million  from the Aerotropolis proposal before passing it, and say that the Compete Missouri provision in the bill can more than make up for the deleted warehouse incentives. 

David Kerr, who heads the state's Economic Development department, testified in favor of the bill.

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MO Statehouse: Aerotropolis, Joplin relief
1:09 pm
Wed September 14, 2011

Senate passes scaled-back Aerotropolis; tax relief for Joplin businesses delayed

The state Senate is unlikely to take up a measure that would provide relief to businesses destroyed by natural disasters, like the Home Depot in Joplin, Mo.
(UPI/Tom Uhlenbrock)

Updated 5:32 p.m. with reaction from the Mo. House Speaker

A measure that sharply reduces the amount of tax credits available to support the creation of an international cargo hub at Lambert-St. Louis International Airport is in the hands of the Missouri House.

The State Senate approved the measure this morning.

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Aerotropolis cuts
11:43 am
Tue September 13, 2011

Mo. Senate scales back "Aerotropolis" credits, local control debate looms

In Jefferson City, state Senate Republicans have stripped $300 million in tax credits from the so-called "Aerotropolis" bill
(UPi/Bill Greenblatt)

Updated 9:39 a.m. Sept. 14

A smaller version of the wide-ranging tax credit bill received first-round approval Tuesday in the Missouri Senate.  GOP Senate leaders realized there was not enough support within their own caucus for passing $360 million in air cargo incentives, not to mention a threatened filibuster. 

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Morning round-up
9:20 am
Tue September 13, 2011

Morning headlines: Tuesday, September 13, 2011

The Missouri Senate will begin debate Tuesday, September 13 on the "Aerotropolis" tax credit.
(via Flickr/Glamour Schatz)

Missouri Senate to debate "Aerotropolis" tax credit today

An analysis shows Missouri could either gain or lose money depending on how a proposed tax credit is implemented for international trade at the St. Louis airport.

Senators met as a large group Monday night to review the cost-benefit projections prepared by the state Department of Economic Development for the so-called "aerotropolis" tax credit.

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Special Session / Tax Credits / Aerotropolis
11:15 am
Thu September 8, 2011

Mo. Senate delays debate on business incentives

Lambert-St. Louis International Airport in St. Louis.
(via Flickr/dbking)

The Missouri Senate has postponed debate on the massive tax credit bill which includes $360 million for a cargo hub at Lambert Airport in St. Louis.

Debate was set to begin this morning, but some senators asked President Pro-tem Rob Mayer (R, Dexter) for more time to read the 268-page bill, which he granted.

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