Missouri senators have given up their attempt to pass an overhaul of the some of the state's tax credit programs for businesses and developers.
Supporters of the bill set it aside Friday after Republican Sen. Brad Lager, of Savannah, spoke against it for an hour in a filibuster that could have otherwise continued until the session's mandatory end at 6 p.m. The legislation would have created tax incentives for international air cargo exports, computer data centers and investors in startup technology companies.
Missouri Governor Jay Nixon’s Tax Credit Review Commission has released its revised list of recommendations. Some of the original recommendations have been scaled back: The new list calls for shrinking the cap on Historic Preservation tax credits to $90 million a year, instead of $75 million, and reducing the cap on Low Income Housing to $135 million instead of $80 million. Former GOP Senator Chuck Gross co-chairs the commission.