Tax Breaks

Gov. Jay Nixon defends several vetoes in anticipation of the legislature's attempts to override them. at state fair, aug 18 2016
Marshall Griffin | St. Louis Public Radio

Gov. Jay Nixon is speaking out against plans by lawmakers to override several vetoes he made earlier this year.

He told reporters Thursday at the Missouri State Fair that tax breaks sought by GOP leaders could deprive the state of much-needed revenue.

Marshall Griffin|St. Louis Public Radio

It was a busy day for Gov. Jay Nixon, as his final year in office heads toward the halfway point.

He told reporters Tuesday that he signed seven more bills into law while vetoing eight others. Several of those approved and shot down are composed of tax breaks.

He specifically singled out three bills for criticism Tuesday: SB 641, HB 2030, and SB 1025.

This article originally appeared in the St. Louis Beacon: The St. Louis Election Board has certified a proposed St. Louis charter amendment to bar tax breaks for Peabody Energy or any other firm involved in “unsustainable energy production.”

(via Flickr/ChrisEaves.com)

Illinois Gov. Pat Quinn has signed legislation that extends the life span of a popular economic development tool in the state.

(Marshall Griffin/St. Louis Public Radio)

The Missouri House has given first-round approval to legislation that would expand tax breaks for auto parts manufacturers.

Ford and General Motors already have access to the incentives.  State Rep. Chuck Gatschenberger (R, Lake St. Louis), the bill’s sponsor, says it would expand the benefit to smaller auto parts builders.

(via Flickr/jglazer75)

Legislation that's aimed at helping poor Illinois families keep more of what they earn is now law.

Gov. Pat Quinn on Tuesday signed the legislation that expands the state's earned-income tax credit. It's now 5 percent of the federal credit, would climb to 7.5 percent next year and 10 percent the year after.

(via Flickr/jglazer75)

Illinois Gov. Pat Quinn has approved legislation designed to keep key companies from leaving the state.

The Democrat's office announced Friday that Quinn signed tax-break legislation directed at Sears and the Chicago Mercantile Exchange.

He did not take action on companion legislation that would provide tax relief for individuals and his office did not immediately say when he would.

(via Flickr/jglazer75)

Will be updated.

Illinois lawmakers have approved a $330 million package of tax relief to businesses and individuals.

The state Senate approved the business measure 44-9 on Tuesday. The individual tax relief passed 48-4. Both now go to Democratic Gov. Pat Quinn, a supporter.

(via Flickr/jglazer75)

Will be updated. For the latest updates on this story, follow Illinois Public Radio reporter @AmandaVinicky on Twitter.

Updated 2:58 p.m. with input of Illinois Gov. Pat Quinn.

Updated 2:29 p.m. - replaces story on passage of bill for working poor with version encompassing passage of both bills.

The Illinois House has approved tax breaks for businesses, including some big names that are threatening to leave the state.