aerotropolis

Mo. Special Session
6:49 am
Thu September 8, 2011

Mo. Senate committee passes economic development bill

A Missouri Senate committee has passed a massive economic development bill. The full Senate will consider the bill on Thursday, Sept. 8.
Flickr/jimbowen0306

The legislation contains numerous tax incentives, but also places caps and expiration dates on some frequently used programs.

The bill caps historic preservation tax credits at $80 million per year and low-income housing incentives at $110 million per year. 

Kevin Klingerman with Catholic Charities St. Louis told the committee that capping the circuit breaker tax break for renters would hurt the poor and elderly in Missouri.

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Aerotropolis opposition
4:12 pm
Wed September 7, 2011

Tea Party members oppose Aerotropolis at Mo. Capitol

Carolyn Scism of St. Charles, Missouri, holds a sign at Wednesday's rally at the Missouri statehouse.
(Marshall Griffin/St. Louis Public Radio)

About 30 Tea Party members held a brief rally today inside the Missouri Capitol, where they called on lawmakers to reject the Aerotropolis proposal.

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Special Session Announced
5:33 pm
Mon August 22, 2011

Nixon issues special session call; Mo. lawmakers to return to Capitol Sept. 6th

Mo. Gov. Jay Nixon.
(UPI/Bill Greenblatt)

Missouri Governor Jay Nixon (D) has officially issued a call for a special legislative session, which will begin at noon on September 6, the day after Labor Day.

Nixon wants lawmakers to take up 11 items during next month’s special session.  As expected, it includes providing tax credits for turning Lambert Airport in St. Louis into an international air cargo hub (the Aerotropolis proposal), and moving the state’s presidential primary from February to March.

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Economy
5:16 pm
Mon August 8, 2011

Metro East officials losing patience with MidAmerica Airport

MidAmerica Airport.
(via Wikimedia Commons)

Today the Wall Street Journal ran a story about decreasing prospects for small regional airport's like MidAmerica Airport in Mascoutah, IL.

When it was built over a decade ago MidAmerica was meant to serve as a "reliever" airport for Lambert and nearby Scott Air Force Base.  As the Journal reports, those aspirations have largely failed to pan out, as departures from Lambert have dropped significantly since Sept. 11.

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Aerotropolis
6:02 pm
Fri July 29, 2011

Some Mo. lawmakers grumble about Aerotropolis proposal

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

While Missouri legislative leaders have reached an agreement on an economic development package, some lawmakers are speaking out against it.

The key component is the so-called Aerotropolis measure, which would provide $360 million in tax credits to transform Lambert Airport in St. Louis into an international air cargo hub.

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Historic Preservation tax credits
5:34 pm
Thu July 21, 2011

Historic Preservation tax credits to be cut nearly in half as part of Mo. special session

(UPI/Bill Greenblatt)

The economic development deal struck by lawmakers will cut one of Missouri’s most popular tax credits nearly in half.

The deal between House and Senate leaders would cut the amount of Historic Preservation tax credits issued each year from $140 million down to $80 million.

Ruth Keenoy with the non-profit Landmark Associates of St. Louis, Inc., says the smaller cap would be detrimental to Missouri’s economy.  She wants the incentives to be left as-is.

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Special Session / Tax Credits / Aerotropolis
2:17 pm
Thu July 21, 2011

Nixon outlines plans for 2011 special session

Mo. Gov. Jay Nixon.
(Marshall Griffin/St. Louis Public Radio)

Updated 3:46 p.m.

St. Louis business leaders are praising a move by state lawmakers and the governor to take up a broad-ranging package of economic incentives.

Governor Nixon announced Thursday that he will call a special session in September to talk address jobs and economic development

Chief among the package is $360 million in tax incentives for Lamber-St. Louis International Airport.

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Other News
6:11 pm
Wed July 20, 2011

Local control of SLMPD by next year

Mayor Francis Slay
Bill Greenblat UP

According to St. Louis Mayor Francis Slay, by this time next year the city could have control of its own police force for the first time since the Civil War.

The announcement came on Wednesday in tandem with an agreement on an package of economic development incentives.

Both issues will be taken up during a special legislative session later this summer.

Slay says the agreement has cleared the way for passage of local control, which now has the backing of the Republican-controlled state House and Senate

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Tax Credits / Aerotropolis
2:24 pm
Wed July 20, 2011

GOP lawmakers reach agreement on business incentives, Nixon to call special session

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

Updated 5:26 p.m. with further detail and comment from lawmakers

Updated 2:24 p.m. with statement from office of Gov. Nixon on special session

A statement issued today from Scott Holste, a spokesperson for Mo. Gov. Jay Nixon, announces that the governor will call the Missouri legislature into special session.

The date of the special session has not been determined.

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Business / Aerotropolis
5:32 pm
Tue July 19, 2011

Letter: Delegation headed by Mo. Gov. Nixon to visit China

Mo. Gov. Jay Nixon.
(UPI/Bill Greenblatt)

Updated 7:51 p.m.

A letter from Mo. Gov. Jay Nixon circulated around Twitter this afternoon, and hosted on the Missouri Chamber of Commerce's website, states that Nixon will be leading a Missouri delegation to China "later this year."

According to the St. Louis Post-Dispatch, Nixon's office has confirmed that the trip is in the works.

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