Members of a panel created to review Missouri’s tax credits are leaning towards recommending that the cap on Historic Preservation tax credits be cut nearly in half.
The incentives program is popular with developers, but Democratic Governor Jay Nixon and a group of Republican State Senators say it’s draining off revenues from the state budget.
Tom Reeves co-chairs the subcommittee looking into Historic Preservation tax credits. He says he favors much of the recommendation from two years ago to reduce the annual cap from $140 million a year to $75 million a year.
Chris McDaniel of St. Louis Public Radio joins Jo Mannies and Jason Rosenbaum of the St. Louis Beacon to discuss a few political issues.
On this week's podcast: After the GOP's lackluster performance in Missouri's statewide races, what can the party do going forward? It's early, but ballot initiatives are already in discussion for 2014. And leadership positions have now been divvied out in the Missouri legislature. How will the Republican leaders work with Democratic Governor Jay Nixon?
A special committee of transportation officials is still reviewing the amount of money MoDOT workers and State Troopers pay for health insurance.
Most of the committee members are leaning towards a proposal from the Highway Patrol, which would have the state pay 60 percent of the cost and the individual employee or retiree 40 percent. Rudy Farber is chairman of the Missouri Highways and Transportation Commission. He says under the current system, the amount of coverage a worker pays varies based on numerous factors.