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Missouri House / Tax Credits
1:45 pm
Thu October 6, 2011

Economic development bill passes, more tax credit action in Mo. House

Credit (via Flickr/jennlynndesign)
An interior view of the Missouri Capitol building in Jefferson City, Mo.

Updated 5:14 p.m.

The Missouri House has passed its version of a wide-ranging tax credit bill.

It does not place expiration dates, or sunsets, on historic preservation and low income housing tax credits, as demanded by the Senate.  Instead, House GOP leaders hope to mollify the Senate with a new proposal:  All tax credit programs would come up for review every four years and be subject to a renewal vote by the General Assembly.  The measure is sponsored by House Budget Chairman Ryan Silvey (R, Kansas City).

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