Thursday, April 5, 2007

House Gives Final Approval to More MEDC Priorities

(April 5, 2007) The Missouri House today gave final approval to HB 741, sponsored by Rep. David Pearce, and HB 131, sponsored by Rep. Shannon Cooper. Both measures will now move to the Senate for further consideration.

HB 741 contains the Missouri Economic Development Code and MEDC's Regional Economic Development District legislation. The Regional Economic Development District legislation was originally sponsored by Rep. Darrell Pollock, who added the provisions to HB 741 during debate on the bill last night. HB 131 contains the sales tax exemption for cities participating in Chapter 100 projects and the exemption of manufacturing inputs from sales and use taxes. The Chapter 100 and manufacturing inputs provisions were also included in a House committee substitute for SB 30 by Rep. Bryan Stevenson, Chairman of the House Tax Reform Committee.

Sen. John Griesheimer and Rep. Ron Richard continue to negotiate and prepare for Senate debate of HB 327, the Missouri Quality Jobs and Enhanced Enterprise Zone legislation, which could be debated as early as next week. Click here for the Senate Committee Substitute language.

The Missouri Economic Development Council thanks all those involved in moving our legislative agenda forward and encourages our members to communicate your support for these bills to your Senator and Representative. If you need contact information for your elected official, you may click on "Legislator Lookup" at right.