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.
The Missouri Senate spent several hours last night working on a wide-ranging tax credit bill, which they gave first-round approval to at around 3:30 this morning.
Senate Bill 120 would drastically cut incentives for Historic Preservation and low income housing. Historic Preservation tax credits would be capped at $50 million a year, instead of the current $140 million, and low income Housing incentives would be capped at $55 million a year. Senator Jamilah Nasheed (D, St. Louis) criticized the move.
Enforcing new federal gun regulations could send Missouri officers to prison under a bill endorsed by a Missouri House committee.
The committee voted 9-5 on Tuesday to advance the bill that would criminalize the enforcement of federal gun control laws enacted after Jan. 1 of this year. The vote was along party lines with Republicans supporting the bill and Democrats in opposition.
The panel also advanced a bill barring federal regulation of guns that are manufactured in Missouri and remain inside the state's borders.
Chart updated at 2:24 to reflect most recent 24 and 48 hour campaign filings.
A week out from the Democratic mayoral primary, incumbent Mayor Francis Slay is maintaining his large financial advantage over challenger and Board of Alderman President Lewis Reed.
According to campaign finance reports filed Monday evening, in a month long span from Jan. 20 to Feb. 21, Slay spent $479,291. During that same amount of time, Reed spent only a fraction of that at $88,470.
An Illinois House Committee could vote as early as today on a measure granting equal marriage rights to same-sex couples. The bill would need to be approved by the House Executive Committee, and then voted on in the full body.
Democratic Representative Greg Harris, who sponsored the bill, says that he expects the committee to approve the legislation.
The Illinois State Senate approved the bill on Valentine’s Day, with Democratic backing and a single Republican vote.
Missouri's response to last year's big tax cuts in neighboring Kansas could carry a $1.1 billion price tag.
A Missouri Senate committee on Monday endorsed a proposal to cut the state's individual and corporate income tax rates by 1.5 percentage points. The individual rate would fall to 4.5 percent, and the corporate rate to 4.75 percent.
Senate Republicans are looking to respond to Kansas' tax cuts, which they say have caused businesses to move from Missouri across the border.