New legislation pending before Gov. Jay Nixon could give people running short of money a new alternative for getting some quick cash.
A bill would make it profitable for Missouri-based banks to offer short-term cash advances, similar to payday loans.
Some nationally chartered banks already offer the short-term loans with fees of around $50 on a $500 loan. Missouri law had allowed such loans, but the Missouri Bankers Association says that few banks offered them because the law set the maximum fee too low.
University of Missouri Health Care will lay off or cut the hours and pay for 35 employees and eliminate 90 unfilled jobs in the coming year.
MU Health Care spokesperson Mary Jenkins told The Columbia Daily Tribune the job losses are due to cuts in federal health care payments from Medicare and the failure of legislators to expand Medicaid eligibility.
She says many of the 90 jobs that will be eliminated have been unfilled for most of the past year.
The Missouri House is creating a committee to study itself.
House Speaker Tim Jones says he has formed a new committee to examine the operations of the House of Representatives and recommend potential changes to the way it conducts business.
The panel will have a long name. It’s called the Interim House Committee on Legislative Institutional Infrastructure and Process. It will be led by Rep. Dwight Scharnhorst, a Republican from St. Louis County.
Missouri's Republican-led Legislature put a priority on cutting taxes this year. But the same lawmakers who passed a $700 million income tax cut also approved numerous little-known fee increases.
One of those measures could increase fees on driver's licenses and vehicle registrations, costing Missourians almost $22 million annually. Another bill would impose fees on mailed-in speeding traffic tickets, affecting an estimated 170,000 cases annually.
Some Republican lawmakers are vowing to try to override Gov. Jay Nixon's veto of a bill that reduced income taxes. Shortly after the Democratic governor rejected the bill today, the leading sponsors of the legislation said they would attempt to get the two-thirds vote needed to override his veto when the Legislature convenes in September.
Republicans hold enough seats in the House in Senate to override Nixon’s veto without any Democratic support. They would have to hold all of the GOP members together in the House and could afford to have only one Republican defect in the Senate.
For the second time in two years, Lambert Airport in St. Louis is cleaning up after a storm caused significant damage to Missouri's largest airport.
Strong storms, including tornadoes, ripped through the St. Louis region Friday night. The store caused extensive damage to two aircraft hangars, three buildings and a parking lot. Repair costs have not been determined.
On April 22, 2011, a strong tornado hit Lambert, significantly damaging a terminal and knocking out dozens of windows. Total damage was $25 million.