A very contentious special legislative session ended with a whimper in Jefferson City this week. It was dominated by seven weeks of head-butting over a wide-ranging tax credit bill that in the end boiled down to a long-running battle between the Missouri House and Senate over whether tax credits should have expiration dates. St. Louis Public Radio’s Marshall Griffin takes a closer look at what happened.
The head of the Missouri Senate has announced he’s going to pull the plug on the special legislative session next week.
President Pro-tem Rob Mayer (R, Dexter) believes it’s too late to pass any kind of economic development bill before the session expires in two weeks. Despite Thursday’s move by the Missouri House to appoint lawmakers to negotiate a final version of the wide-ranging tax credit bill, Mayer says any agreement must include 7-year expiration dates, or sunsets, on historic preservation and low income housing tax credits.
The biggest sticking point remains whether to place 7-year expiration dates, or sunsets, on low income and historic preservation tax credits. The Missouri House removed the sunsets before passing the bill last week, a move opposed by the Senate.
President Pro-tem Rob Mayer (R, Dexter) says he’ll ask the Senate to vote to appoint conferees, who would meet with House leaders and try to hammer out a final version of the bill.