tax incentives

Updated with additional comments from Take Back St. Louis, Mayor Francis Slay, and the St. Louis Regional Chamber.

A St. Louis Circuit judge has permanently blocked a ballot measure that would have allowed voters to put restrictions on which companies could receive tax incentives.

Judge Robert Dierker ruled on Tuesday that the Take Back St. Louis initiative was "illegal and void on its face" because it conflicts with Missouri laws governing tax increment financing and special business districts. 

File photo / KBIA

 Gov. Jay Nixon signed a bill today that authorizes tax incentives for large sporting events and for some charitable donations. 

state capitol
Ryan Famuliner / KBIA

Missouri senators have endorsed legislation creating new incentives for high-tech businesses and international exports while paring back existing tax credits.

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