Sunday, May 19, 2013

Latest local news, weather and high school sports for Tri-State area

Missourians compete for jobs
Posted: 01.03.2010 at 6:34 PM
0

Lawmakers propose new incentives

Photo

(AP) -- JEFFERSON CITY, Mo. (AP) - Gov. Jay Nixon and many Missouri lawmakers will be pushing for new business incentives during the legislative session that starts Wednesday.

At least four incentive plans are likely to be considered. They would:

- Target startup companies with new tax credits for investors, forgivable loans or grants from a state seed-capital investment fund.

- Create a special incentive pool for biotechnology businesses, funded by diverting a portion of the tax-revenue growth from existing firms in that field.

- Establish a "closing fund" of cash, which state officials could tap to offer extra incentives to businesses when Missouri is competing to close a deal.

- Allow existing Missouri businesses to exceed the standard caps for certain tax credits as an incentive to expand here instead of elsewhere.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Body of missing Rushville man found
Jeff Mondlock  |  Saturday, May 18, 2013  |  2 comments
Thumbnail
Three Quincy residents arrested after Thursday night drug raid
KHQA Newsdesk  |  Saturday, May 18, 2013  |  2 comments
Thumbnail
Terrorism conspiracy charge for Fort Madison man
KHQA Newsdesk  |  Friday, May 17, 2013  |  11 comments
Follow Connect Tri-States
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Expert Connect Auto
Automotive info from our experts
Senior Living
Info on senior living from our experts
Expert Connect Legal
Legal info from our experts
Home & Garden
Home and garden info from our experts
ADVERTISEMENT