Tagged: amateur sporting events

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.

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.