Kansas City Mayor Sly James, flanked by two Mo. House Members, testified in favor of Angel Investment tax credits at a House hearing earlier this month. Today he testified before a Mo. Senate committee in support of that chamber's version of the bill.
Supporters of creating a so-called “Angel Investment” tax credit in Missouri testified in favor of legislation Wednesday before a State Senate committee.
Senate Bill 91 would provide incentives to wealthy investors, dubbed “Angels,” who are looking for start-up opportunities, preferably in high-tech and Internet-based businesses. Kansas City Mayor Sly James was one of several witnesses hoping to persuade committee members to approve the bill.