amateur sporting events

Marshall Griffin/St. Louis Public Radio

August 28 arrives on Wednesday, meaning dozens of new state laws will take effect in Missouri.

Tim Lloyd, St. Louis Public Radio

Two tax credit bills passed by Missouri lawmakers have become the first ones signed into law this year by Governor Jay Nixon (D). 

Marshall Griffin/St. Louis Public Radio

Legislation that would provide tax breaks for amateur sporting events held in Missouri has become the first one sent to Governor Jay Nixon (D) during the 2013 regular session.

The incentives would equal about $5 per ticket sold, and they would be capped at $3 million a year.  It was sponsored by State Senator Eric Schmitt (R, Glendale).

Marshall Griffin/St. Louis Public Radio

It appears so far that the Missouri Senate may no longer be the place where tax credits go to die.

In years past, proposed incentives for such things as historic preservation or amateur sporting events would have faced a filibuster threat from a group of fiscally conservative Republicans in the Senate.  But the leaders of that group are gone due to term limits, and perhaps that’s why this year’s amateur sports incentives bill was allowed to receive a Senate floor vote.  State Senator Will Kraus (R, Lee’s Summit) says the atmosphere has changed.

(Marshall Griffin/St. Louis Public Radio)

The Speaker of the Missouri House has thrown cold water on a scaled-back tax credit reform measure passed Wednesday by the Senate.

The Missouri Senate has passed a tax credit measure after hammering out an agreement between GOP leaders and fiscal conservatives who’ve been trying to reign in tax breaks for years.

The agreement would cap historic preservation tax credits at $75 million per year, give a one-year extension to food pantry and other charitable tax breaks, and create incentives to draw amateur sporting events to Missouri.  State Senator Eric Schmitt (R, Glendale) urged the chamber to pass it before time runs out on the regular session.

(Marshall Griffin/St. Louis Public Radio)

Two bills that would provide incentives for building underground data storage centers and for drawing amateur sporting events to Missouri have cleared a State House committee.

They’re now headed to the House floor.  If they pass there, Majority Floor Leader Tim Jones (R, Eureka) says he thinks they’ll have a fair shot at being passed by the Missouri Senate.