international exports

Politics
8:00 am
Thu March 7, 2013

Mo. House backs new tax incentives for businesses

In Jefferson City, Mo., Senate Republicans have scuttled Gov. Jay Nixon's nominee to direct the Missouri Department of Economic Development.
File photo KBIA

The Missouri House has endorsed the creation of several new tax breaks intended to lure high-tech businesses and foreign trade to the state.

House members gave initial approval Wednesday to a bill authorizing $60 million of tax credits for international exporters over the next eight years. They also gave initial approval to bills creating tax credits for investors in high-tech startup businesses and authorizing state and local sales tax breaks for computer data centers.

Read more